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) has expanded its distribution, now offering its flagship product, Alkaline88®, in over 200 new convenience store locations through seven Core-Mark distribution centers. CEO Ricky Wright emphasized growing demand for their single-serve offerings, which include eco-friendly aluminum bottles. The strategy aims to capitalize on Core-Mark's network of approximately 11,000 stores nationwide, positioning the company for substantial growth in the current fiscal year.
The Alkaline Water Company (NASDAQ: WTER) has announced its partnership with Valu Merchandisers Company (VMC) to distribute its products in the Midwest and Southern U.S. VMC services over 3,800 supermarkets, enhancing Alkaline88's reach. Additionally, H-E-B stores in Texas will feature Alkaline88 aluminum bottles in 288 locations. Initial orders from distributors KeHE and UNFI have been strong, and the company anticipates a solid revenue contribution from its aluminum bottle line in fiscal 2021. The reusable water bottle market is projected to grow to $1.5 billion by 2025.
The Alkaline Water Company (NASDAQ: WTER) announced that President and CEO Richard Wright will present at three virtual investor conferences in September 2020. These include the H.C. Wainwright 22nd Annual Global Investment Conference on September 15, the Sidoti Fall 2020 Virtual Investor Conference on September 23, and one-on-one meetings at the Alliance Global Partners Cannabis Conference on September 29. Presentations will be webcast live and available for replay for 30 days. Alkaline88® is a leading alkaline water brand, enhancing its portfolio with A88 Infused™ and CBD products.
The Alkaline Water Company Inc. (NASDAQ: WTER) has expanded its distribution of Alkaline88® to all 123 Fareway store locations across six Midwestern states, including Illinois, Iowa, and South Dakota. This move aims to strengthen the brand's presence in the grocery sector, targeting an additional 40,000 stores over the next 12 to 18 months. Alkaline88® is known for its 8.8 pH balanced alkaline water and is marketed alongside flavor-infused and CBD-infused products. The company continues to see growth, particularly in its eco-friendly and single-serve options.
The Alkaline Water Company (NASDAQ: WTER) announced a partnership with Dot Foods, the largest food redistribution company in the U.S., to distribute its product line, including Alkaline88® and A88 Infused™, to 4,300 customers nationwide starting September 21, 2020. This collaboration aims to penetrate the hospitality industry, providing access to over 600,000 restaurants and foodservice establishments, which may significantly boost the company’s growth this fiscal year.
The Alkaline Water Company (NASDAQ: WTER) has appointed Rosie Cousino as Director of Corporate Marketing, effective August 20, 2020. With over 20 years of industry experience, Cousino has worked with major brands like Clorox and Del Monte Foods and has a strong background in digital media and brand strategy. She will oversee national advertising and shopper marketing for the company’s alkaline and CBD-infused products. This strategic hire aims to enhance brand presence and drive sales growth in the rapidly expanding beverage market.
The Alkaline Water Company (NASDAQ: WTER) has announced the launch of its entire A88CBD™ product portfolio across 142 locations with CBD Plus, spanning multiple states including Texas and Florida. This partnership marks a strategic move to bolster the A88CBD brand alongside its flagship product, Alkaline88®. CEO Rickard Wright emphasizes strong consumer interest and plans to expand into traditional retail. The A88CBD™ line features various products, including capsules, oils, and CBD-infused water, with an eye on increased e-commerce growth.
The Alkaline Water Company (NASDAQ: WTER) reported record revenue of $14.2 million for Q1 fiscal 2021, a 40% year-over-year increase. EPS improved to ($0.05), a 57.3% enhancement compared to Q1 2020. Operational expenses decreased 5% year-over-year, while gross profit rose by 41.8% to $5.8 million. The company's flagship brand, Alkaline88, maintains a strong sales presence in 70,000 U.S. stores. Additionally, the A88CBD line is expanding, with new retail locations and an effective e-commerce platform. The company expects continued growth throughout fiscal 2021.
The Alkaline Water Company (NASDAQ: WTER) is excited to announce a partnership with Mahaska, a prominent Direct-Store-Delivery provider serving over 5,000 clients across the Midwest. This collaboration enables the distribution of Alkaline88® and A88™ flavor-infused water to key markets. Mahaska's extensive network could enhance the Company's growth in the hospitality sector. Alkaline88®, recognized for its superior taste and eco-friendly initiatives, aims to expand its footprint in retail channels, aligning with the increasing consumer demand for healthy beverage options.
The Alkaline Water Company Inc. (NASDAQ: WTER) plans to host a teleconference on August 13, 2020, at 5:00 PM ET to discuss its fiscal first-quarter 2021 financial results. This session will be led by President and CEO Richard Wright and CFO David Guarino, following a press release detailing the financial outcomes and outlook, which will be available after market close. The Company, known for its premium alkaline and CBD-infused products, emphasizes a commitment to quality with its flagship brand Alkaline88® and innovative flavors under A88 Infused™.