Welcome to our dedicated page for The Alkaline Water news (Ticker: WTER), a resource for investors and traders seeking the latest updates and insights on The Alkaline Water stock.
The Alkaline Water Company reports developments around its premium alkaline water business and flagship Alkaline88® brand. News commonly covers production readiness, sales coverage, and distribution activity for alkaline water products, including regional market relaunches such as Southern California.
Company updates also address capital-structure actions, Regulation A financing activity, debt cancellations, reverse stock split implementation, board appointments, and governance initiatives tied to the OTC-traded WTER common stock.
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.
The Alkaline Water Company Inc. (NASDAQ: WTER) will host a teleconference on February 14, 2022, at 4:30 PM ET, to discuss its financial results for the third quarter ended December 31, 2021. The call includes CEO Richard Wright and CFO David Guarino, who will cover operational highlights and future outlook. A press release will precede the call, providing key financial metrics. A replay will be available afterward. The company’s flagship product, Alkaline88®, is a leading alkaline water brand known for its eco-friendly packaging.
The Alkaline Water Company (NASDAQ: WTER) has announced that Lidl grocery stores will add the Shaq Paq, featuring six 2-liter bottles, alongside its existing 1-gallon Alkaline88 option. Lidl, a fast-growing grocery chain in the U.S., aims to provide millions on the East Coast with this new size, appealing to health-conscious consumers. CEO Ricky Wright highlighted the partnership's significance, while brand ambassador Shaquille O'Neal expressed excitement over the new product's potential to attract new customers. The move is part of Alkaline88's growth strategy for 2022.
The Alkaline Water Company (NASDAQ: WTER) is set to enhance its brand visibility during Super Bowl LVI with significant marketing initiatives. These include a two-page ad in USA TODAY, partnerships with NFL personalities on Radio Row, and sponsorship of Shaq's Fun House, expected to generate tens of millions of impressions. Additionally, the company will support the Stars & Stripes Bowl, honoring wounded warriors. CMO Tom Hutchison emphasizes this marketing strategy as a key opportunity for brand growth and engagement across major national platforms.