The Alkaline Water Stock Price, News & Analysis

The Alkaline Water Company (NASDAQ: WTER) has partnered with Europa Sports Partners to distribute its Alkaline88® products to fitness venues across the U.S. This agreement aims to enhance the availability of its alkaline water in gyms and health stores, with an initial rollout planned for Gold’s Gyms. CEO Ricky Wright highlighted the strong demand for Alkaline88® among fitness enthusiasts. The company emphasizes the importance of on-premise consumption for driving sales and aims for rapid expansion through Europa’s distribution network.

The Alkaline Water Company (NASDAQ: WTER) has partnered with Distribution Management (DM) to enhance its direct-to-consumer (D2C) fulfillment services. This partnership aims to enable 2-Day delivery of Alkaline88 products to 99% of U.S. households, improving customer experience and potentially reducing freight costs. The company reports strong recent e-commerce sales, indicating growth in this channel. The partnership is crucial for the company's expansion in e-commerce, supporting its goal to optimize fulfillment as it enters fiscal 2023.

The Alkaline Water Company (NASDAQ: WTER) announced the availability of its Alkaline88® 1-gallon product in over 250 military retail locations across the U.S., including 80 Navy Exchange stores and 170 Defense Commissary Agency commissaries. This expansion aims to serve military personnel and veterans, reflecting the brand's commitment to providing quality hydration. The company continues to seek opportunities to grow its presence in military channels, building upon its extensive retail network of 80,000 outlets nationwide.

The Alkaline Water Company (NASDAQ: WTER) announced a partnership with Bill’s Distributing for the distribution of its Alkaline88® water products in Alaska. This Direct-Store-Delivery (DSD) relationship aims to enhance the brand's presence and market penetration in the state. Bill's Distributing has over 30 years of experience in the beverage industry and will service major grocery chains, expanding Alkaline88® into various retail locations. This partnership is part of the company's broader strategy to increase market share and product availability across different channels.

The Alkaline Water Company (NASDAQ: WTER) has announced a new co-packing partnership with AZ Custom Bottled Water to enhance its production capabilities. This partnership aims to support the growing demand for the Alkaline88® FreshCap™ functional beverage line and other water products. AZ Custom Water, which began manufacturing for the company in 2021, is expected to play a key role in production on the West Coast, bolstering supply chain efficiency while meeting market demand.

The Alkaline Water Company (NASDAQ: WTER) announces that CEO Ricky Wright and Chairman Aaron Keay will participate in panels at the 34th Annual Roth Conference in Laguna Niguel, California on March 14. Keay’s panel focuses on Canadian market opportunities for growth investments from 12:30-1:25 PM PT, while Wright will discuss non-alcoholic beverages from 2:00-2:55 PM PT. The event includes various presentations from around 400 companies across diverse sectors, emphasizing the company’s commitment to innovative growth in the beverage market.

The Alkaline Water Company Inc. (WTER) announced a partnership with Columbia Distributing to distribute Alkaline88 throughout Washington, Oregon, and Idaho. This alliance aims to expand market share in the Northwest, leveraging Columbia's Direct-Store-Delivery model, which services 20,000 accounts in the region. The company plans to open a new copacker in the Northwest in Q1 to meet anticipated demand from this rollout. President Ricky Wright emphasized the significance of this partnership in reaching health-conscious consumers.

The Alkaline Water Company (WTER) has partnered with Source1 Purchasing to distribute its Alkaline88 products to over 20,000 hospitality accounts. This collaboration aims to tap into the lucrative multi-billion-dollar hospitality sector, targeting hotels, casinos, and universities. With the growing demand for premium alkaline water, this partnership is expected to enhance market penetration and accessibility. Source1's procurement solutions will facilitate easier access to Alkaline88 for its clients, providing a significant opportunity for growth.

The Alkaline Water Company (WTER) reported a record revenue of $15.1 million for the fiscal third quarter ending December 31, 2021, marking a 57% year-over-year increase. This is the second-best quarter in company history. The company maintains its fiscal 2022 revenue guidance of $62 million. Key highlights include Alkaline88 being the fastest-growing value-added water brand, a gross profit of $5 million, and a net loss of $10.7 million. Despite margin pressures from inflation, the company expects margins to improve in fiscal 2023.