The Alkaline Water Stock Price, News & Analysis

The Alkaline Water Company (NASDAQ: WTER) announces its Alkaline88® 1-Gallon 4 Pack will be available in fifteen Costco Business Centers nationwide. This partnership marks a significant growth opportunity for Alkaline88 in the club channel, benefiting from Costco's extensive membership base of over 110 million consumers. Initial orders are set to ship next week. The company continues to innovate in alkaline water production, offering a premium product with an 8.8 pH level and eco-friendly packaging. This launch is expected to enhance brand visibility and sales.

The Alkaline Water Company Inc. (NASDAQ: WTER) announces the launch of the Alkaline88^® Shaq Paq in approximately 170 H-E-B stores in Texas, enhancing its retail presence. This new SKU, a 6-pack of 2-liter bottles developed in collaboration with celebrity ambassador Shaquille O’Neal, aims to meet growing consumer demand. The Shaq Paq will be available starting late September, joining existing Alkaline88 products already on H-E-B shelves. The company continues to expand its brand and product availability across national retailers.

Alkaline Water Company Inc. (WTER) reported a remarkable 174% year-over-year growth in sales within the convenience store channel, as per Nielsen data for the year ending August 13, 2022. The company will participate in the upcoming NACS Show in Las Vegas from October 2-4, 2022, showcasing its Alkaline88® brand. This growth positions Alkaline88 as a top-15 value-added water brand in convenience stores. CEO Frank Lazaran emphasized the significant potential for expansion, as the brand currently reaches only a small fraction of the 150,000+ c-stores in the U.S.

The Alkaline Water Company (NASDAQ: WTER) announces its Alkaline88 1-gallon 4 pack will be available in 48 membership-only warehouse clubs across New York, New Jersey, and New England this fall. This expansion marks the product's entry into a second major warehouse chain, targeting approximately 6.5 million potential customers. The company has optimized its production network in the eastern United States, allowing for efficient distribution and potential future growth. The Alkaline88 brand continues to enhance its market presence in the alkaline water segment.

The Alkaline Water Company (WTER) announces the introduction of its Alkaline88 1-Gallon and 3-Liter products in over 200 stores across the Midwest and Mid-Atlantic regions, reaching 4.5 million shoppers. This expansion comes as the company enhances its production and distribution network, allowing growth while reducing costs. CEO Frank Lazaran emphasized the importance of gaining new clients for topline growth and the strategic advantage of optimized logistics, which will facilitate further expansion into premium grocery markets.

The Alkaline Water Company (NASDAQ: WTER) reports record revenue of $16.9 million for the quarter ending June 30, 2022, marking a 20% year-over-year growth. The firm improved total operating expenses by over $2.3 million, a 19% YoY decrease. Gross profit was $3.5 million, reflecting effective margin enhancement strategies. The company experienced a net loss per share of ($0.06), an improvement from ($0.08) a year earlier, with a cash position of approximately $3 million.

The Alkaline Water Company (NASDAQ: WTER) reported a remarkable 30% year-over-year sales growth for July. The company has identified approx. $15 million in cost-saving measures, targeting $10 million in savings for FY 2023 and an additional $5 million before FY 2024 ends. These measures aim to reduce cash burn by $15 million compared to FY 2022. Key savings come from reducing G&A and marketing expenses by $8 million and implementing $7 million in margin enhancements through various operational efficiencies.

The Alkaline Water Company (NASDAQ: WTER) announced that its Alkaline88® 3-Liter product will be available in approximately 600 convenience store locations across five Western states, including California, Arizona, Nevada, Washington, and Oregon, starting in August. This development is part of the company's broader strategy, as they continue to expand their retail presence, having added 8,400 new stores since the fiscal year began. The company expects a solid rollout supported by strong production infrastructure and distribution partners.

The Alkaline Water Company (NASDAQ: WTER) announced that its Alkaline88® 3-Liter product will be available in 600 locations of a major convenience store chain across California, Arizona, Nevada, Washington, and Oregon starting this August. This expansion is part of a broader plan that has already seen the company add 8,400 new stores in the current fiscal year. The company expects a strong rollout supported by its production infrastructure and distribution partnerships.