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 fiscal 2021 results, with revenue reaching $46 million, a 20% increase from fiscal 2020. The company anticipates 35% growth in fiscal 2022, projecting revenue of $62 million. Key highlights include a gross profit of $16.4 million and a net loss of $16.4 million. The company expanded its market presence, launching new products, and achieving growth in key distribution channels, including partnerships with major beverage distributors. Alkaline88 remains a leading brand in its category, experiencing substantial unit sales growth.
The Alkaline Water Company Inc. (NASDAQ: WTER) has announced the postponement of its full-year fiscal 2021 earnings results call. This decision arises from the delay in filing their 10-K report, which is necessary for the call to proceed. Under Regulation FD, the company cannot hold the call until the filing is completed, which raises concerns about transparency and timely communication with investors.
The Alkaline Water Company (NASDAQ: WTER) announced a teleconference to discuss its fiscal fourth-quarter and full-year 2021 financial results and outlook. Scheduled for July 2, 2021, at 8:30 AM ET, the call will feature CEO Richard Wright and CFO David Guarino. Participants will review key operational and financial highlights, alongside projections for fiscal year 2022. The company urges investors to dial in early and will provide a replay of the call starting July 3, 2021. Alkaline88® remains a leader in alkaline water with a perfect pH of 8.8, now available in 75,000 stores across the U.S.
The Alkaline Water Company (NASDAQ: WTER) announced that Giant Food will carry its Alkaline88® 1-gallon and 1.5-liter bottles, as well as four A88 Infused® flavors across all 164 of its Mid-Atlantic locations. This significant partnership targets a market of 60 million people, with expectations for increased sales contributions from these new listings. The company highlights its commitment to purity and quality, underscoring the water's 8.8 pH balance. This strategic move bolsters the company's expansion into untapped U.S. markets.
The Alkaline Water Company (NASDAQ: WTER) announces the opening of two new east coast manufacturing facilities by its suppliers, resolving raw material supply concerns amid its expansion. This move will be complemented by three additional co-packers by the end of Q3 to meet growing demand for Alkaline88®. CEO Ricky Wright highlighted the proactive sourcing strategy, which has positioned the company to exceed increased production demands and reduce the carbon footprint. Alkaline88® is now available in 75,000 stores nationwide, bolstered by a national marketing campaign slated for later this year.
The Alkaline Water Company (NASDAQ: WTER), the leading independent alkaline water provider in the U.S., will join the Russell Microcap® Index effective June 28, 2021. This membership enhances the visibility of WTER in investment circles, potentially attracting more institutional investors. The company reports strong sales performance, outperforming its category significantly in both sales volume and unit volume. Alkaline88®, its flagship product, is now offered in 75,000 U.S. stores and is known for superior hydration with a perfect 8.8 pH balance.
The Alkaline Water Company (NASDAQ: WTER) has announced a new broadcast discussing the rising M&A activity in the food and beverage sectors, focusing on functional water assets.
This comes amid a growing consumer trend towards enhanced water products, particularly as an alternative to sugary drinks, accelerated during the pandemic.
As the largest independent player in the alkaline water market, The Alkaline Water Company’s flagship product, Alkaline88, is poised to tap into the projected $1 billion market.
The Alkaline Water Company (NASDAQ: WTER) has announced a new distribution partnership with SaluVid to expand its reach in Puerto Rico and the Caribbean. This collaboration aims to market and distribute the company’s Alkaline88® brand, known for its high pH balance and quality. The partnership is expected to enhance the company's international presence, following a prior agreement with Bellator Group. TraFon Group, SaluVid's parent company, boasts an extensive local network, enabling streamlined logistics from Florida to Caribbean markets.
The Alkaline Water Company (NASDAQ: WTER) featured in a NetworkNewsWire editorial discussing the resurgence of merger and acquisition activity in the food and beverage sector, particularly in functional water assets. In 2020, 136 of the 222 transactions occurred in the latter half of the year, resulting in a total transaction value of $13.8 billion. Despite the pandemic, the company's Alkaline88 brand continues to gain traction, now endorsed by NBA Hall of Famer Shaquille O'Neal, positioning WTER favorably in a revitalized market.
The Alkaline Water Company (NASDAQ: WTER) has renewed its partnership with Barstool Sports, expanding their collaboration to include the A88CBD™ line on eight podcasts from May 12 to June 17. This follows an initial five-show run in April. The partnership aims to enhance brand awareness among Barstool's vast audience. The A88CBD™ line focuses on premium CBD products derived from U.S.-grown hemp, aligning with the company's mission to innovate in the wellness sector. Alkaline88® water is now available in 75,000 U.S. stores, highlighting the company’s market presence.
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