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 Inc. (NASDAQ: WTER) has announced the strategic placement of its Alkaline88® 3-Liter product in the cold vaults of a top-ten convenience store chain across five states: California, Arizona, Nevada, Washington, and Oregon. This initiative will cover approximately 600 locations, enhancing visibility and accessibility for consumers seeking chilled alkaline water during the warm summer months. President and CEO Frank Chessman stated that this move is part of the company’s ongoing commitment to expand its presence in the convenience retail sector. The resets will be completed by July, aiming to make Alkaline88 a convenient grab-and-go option for summer commuters.
The Alkaline Water Company (NASDAQ: WTER) reported strong growth for the fiscal year 2023, ending March 31. The company expanded its distribution, adding products to over 11,000 new stores and enhancing offerings in 33,000 existing locations. Revenue increased by 29% year-over-year, and operating expenses and net loss improved by 33% and 30%, respectively. Alkaline88® retail sales surged with a year-over-year growth of 19.5%, significantly surpassing the category average. CEO Frank Chessman highlighted the brand's resilience amid economic challenges and a commitment to achieving profitability.
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