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 Inc. (WTER) delivers premium alkaline water and hemp-derived CBD products through an extensive North American distribution network. This news hub provides investors and industry followers with centralized access to official corporate announcements and press releases.
Monitor critical updates including quarterly financial results, new product launches, strategic partnerships, and governance enhancements. Our curated collection ensures timely access to material developments affecting WTER's market position in the beverage and wellness sectors.
Key coverage areas include operational expansions, distribution network updates, and regulatory compliance milestones. The resource eliminates information fragmentation by aggregating verified news from company sources and authorized channels.
Bookmark this page for efficient tracking of WTER's business trajectory or check regularly for the latest developments impacting this innovative beverage producer.
The Alkaline Water Company (NASDAQ: WTER) reported record revenue of $14.1 million for the fiscal first quarter ending June 30, 2021, marking a 5% year-over-year increase and a 19.6% increase on a two-year basis. The company secured a three-year partnership with Shaquille O'Neal, who will serve as a brand ambassador. Key highlights included expanded retail presence, new eco-friendly packaging, and international distribution agreements. Despite a net loss of $7.4 million attributed to non-recurring expenses, management expressed confidence in achieving a revenue target of $62 million for fiscal 2022.
The Alkaline Water Company (NASDAQ: WTER) announces a teleconference on August 16, 2021, at 5:00 PM ET, led by President Richard Wright and CFO David Guarino. The call will review the financial results for the first quarter ended June 30, 2021, and discuss the outlook for fiscal year 2022. A press release will precede the call, detailing results and insights. Alkaline88, the flagship brand, is available in 75,000 stores across the U.S., known for its 8.8 pH balance and pure ingredients. The company has also expanded with the A88 Infused line, catering to consumer demand.
The Alkaline Water Company (NASDAQ: WTER) is expanding its eco-friendly aluminum product line with a new 750 ml bottle under the Alkaline88 brand. This initiative targets the hospitality industry, aiming to capitalize on the billion-dollar on-premise bottled water market. The new product will be available to the Company’s existing 75,000 retailers. The 16-ounce aluminum product saw a 330% increase in store presence in the last three months, now reaching over 9,000 locations. The 750ml bottle is expected to enhance consumer choice and hydration quality as part of the Company's strategic marketing efforts.
The Alkaline Water Company (NASDAQ: WTER) announced that its Alkaline88® brand will be available in over 400 United Pacific convenience stores across the Western U.S. starting late August or early September. This launch comes through a partnership with Core-Mark, a leader in convenience store distribution. CEO Ricky Wright emphasized expectations for significant volume and revenue growth from this relationship. Alkaline88® is recognized for its 8.8pH balance and is now available in 75,000 stores nationwide.
The Alkaline Water Company (NASDAQ: WTER) announces its eco-friendly 16-ounce aluminum bottle is now sold in over 9,000 retail locations, including major chains like Albertsons and Sprouts Farmers Market. Sales of single-serve products are increasing, with significant growth noted since the last quarter when the product was available in 2,700 stores. The partnership with distributors allows access to 75,000 stores, enhancing retail expansion. Alkaline88® is recognized for its superior hydration and quality, featuring only purified water and Pink Himalayan Rock Salt.
The Alkaline Water Company (NASDAQ: WTER) announces the appointment of Tom Hutchison as Chief Marketing Officer. Hutchison will spearhead the company’s first comprehensive omnichannel marketing campaign in collaboration with Shaquille O’Neal. This initiative aims to position Alkaline88® as a household name, leveraging Hutchison’s marketing expertise and O’Neal's branding power. Hutchison has substantial experience in retail marketing, previously serving as VP of Marketing at Sprouts Farmers Market. The brand is currently available in 75,000 U.S. stores, known for its premium alkaline water with a perfect 8.8 pH balance.
The Alkaline Water Company (NASDAQ: WTER) announced that its Alkaline88 3-Liter and 1-Gallon bottles will be added to five warehouses of Associated Wholesale Grocers (AWG), enhancing distribution to over 1,100 member companies and 3,000 locations across 28 states. This strategic addition aligns with a reported sales growth of 39.6% year-over-year in the last four weeks. The independent grocers channel, accounting for $253.6 billion in national sales, presents significant growth potential for the company.
The Alkaline Water Company (NASDAQ: WTER) has announced a distribution agreement with Premier Distribution Services (PDS) to provide Alkaline88® water to over 800 gyms and fitness venues nationwide. This partnership aims to introduce new product offerings, including 2-liter, aluminum, and flavor-infused SKUs, enhancing access to its premium alkaline water. With plans for a marketing campaign featuring Shaquille O’Neal, the company expects increased brand visibility and consumer demand. PDS aims to expand its client base significantly this year, further promoting Alkaline88® as a health-conscious choice.
The Alkaline Water Company (NASDAQ: WTER) has successfully closed a non-brokered private placement financing, raising US $4,995,250.05 by issuing 4,757,381 subscription receipts at US$1.05 each. Major investments by Chairman Aaron Keay and Shaquille O'Neal account for over 40% of the total proceeds. Funds will be allocated for general working capital and expanding production capacity. The financing is contingent on shareholder approval by September 30, 2021, or proceeds will be returned to subscribers. This strategic move aims to bolster the growth of the Alkaline88® brand.
The Alkaline Water Company (NASDAQ: WTER) announces a teleconference on July 6, 2021, at 8:30 AM ET, led by President Richard Wright and CFO David Guarino. The call will cover fiscal year 2021 financial results and the outlook for 2022. Details of the fiscal results were released previously and are available on the company’s website. Alkaline88®, the flagship product, is now sold in 75,000 stores across the U.S., highlighting the brand's growth and commitment to delivering a premium alkaline water experience.
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