The Alkaline Water Stock Price, News & Analysis

The Alkaline Water Company (NASDAQ: WTER) has partnered with Tiendas Sindicales, a grocery chain in the Mexican Free Trade Zone. This partnership allows the Company to enter one of the largest bottled water markets globally, with a per capita consumption of 73.7 gallons as of 2019. The Company plans to start shipping products this month, targeting around six million monthly customers accessing Tiendas Sindicales. Management sees this as a significant step in expanding its international presence, potentially leading to more opportunities in North America and beyond.

The Alkaline Water Company (NASDAQ: WTER) announced that its A88CBD products will be available in all Yesway/Allsup convenience stores across the Midwest. This partnership with BettermentRS aims to enhance product distribution and is seen as a significant step for the A88CBD brand.

Yesway operates almost 402 locations and plans to expand to over 500 stores, enhancing market access for Alkaline Water’s offerings. The company's commitment to become a leading CBD provider aligns with its growth strategy, aiming for increased retail presence and brand recognition in the next 12-18 months.

The Alkaline Water Company (NASDAQ: WTER) has announced a partnership with Hensley Beverage Company to distribute its Alkaline88 and A88 Infused products across Arizona. This agreement marks the first use of a direct store distribution model for the entire Alkaline88 line in a major market. The partnership is expected to significantly enhance sales by leveraging Hensley's extensive network of over 9,000 retail locations. Additionally, the company has filed for an at-the-market equity offering program to raise up to $20 million to support its growth strategies.

The Alkaline Water Company (NASDAQ: WTER) reported record revenue of $10.2 million for Q3 2021, a 20% year-over-year increase. The Company's earnings per share improved to ($0.06), a 14.3% enhancement from the previous year. Key factors driving growth include an expanding Direct Store Delivery network and a growing E-Commerce platform. The Company anticipates strong growth in fiscal 2022, supported by new initiatives in convenience stores and digital marketing. Despite higher operating expenses, gross profit increased to $4.2 million, with a margin of 41.2%.

The Alkaline Water Company (NASDAQ: WTER) announced a teleconference scheduled for February 16, 2021, at 5:00 PM ET, to discuss fiscal third-quarter 2021 financial results. President and CEO Richard Wright, along with CFO David Guarino, will provide insights during the call. A press release detailing the financial outcomes will be available after the market closes on the same day, followed by a replay of the call accessible for one week. The Company, known for its Alkaline88® brand, focuses on premium bottled alkaline and flavor-infused waters, as well as CBD-infused products.

The Alkaline Water Company (NASDAQ: WTER) has appointed C.A. Fortune E-Comm to manage its non-CBD beverage line, Alkaline88®, on major e-commerce platforms starting January 21, 2021. This partnership aims to capitalize on the growing online grocery market, which has seen triple-digit growth during the pandemic. C.A. E-Comm will assist in marketing, performance analysis, and inventory management across retailers like Amazon, Walmart, and Kroger. The company continues to expand its product offerings, focusing on meeting consumer demand for both alkaline and flavor-infused waters.

The Alkaline Water Company (NASDAQ: WTER) announced the expansion of its product availability, offering its flagship 3-liter alkaline water and four A88-Infused™ flavored waters at all 99 Cents Only Stores in California and the Southwest. CEO Ricky Wright highlighted successful penetration in the Specialty Discount retail channel, with products in approximately 8,000 stores and plans to add 6,000 to 8,000 more locations over the next 12-18 months. The company anticipates strong demand for its A88CBD™ line as CBD regulations evolve in 2021.

The Alkaline Water Company (NASDAQ: WTER) has announced that its alkaline water is now available in 100% recyclable aluminum bottles at all Sprouts Farmers Market locations nationwide. This move is part of the company's commitment to sustainability and innovation, as they expand their product offerings. The aluminum bottles are expected to appeal to health-conscious consumers, fitting well with Sprouts' natural product focus. Since 2014, Sprouts has been a valued partner for the company, now carrying four SKUs of Alkaline Water Company's products.

The Alkaline Water Company (NASDAQ: WTER) has announced a new broadcast titled “National Brands Vie for CBD Dominance.” The CBD industry is witnessing a significant shift, with one study indicating that every dollar spent on email marketing could yield up to $40 in revenue. A major trend is emerging as nearly 50% of surveyed consumers plan to stock up on CBD products amid potential shortages. The Alkaline Water Company aims to establish itself in the CBD sector, building on its reputation as a well-respected beverage brand and expanding its offerings with A88 Infused products.