The Alkaline Water Stock Price, News & Analysis

The Alkaline Water Company (NASDAQ: WTER) has commenced production at the Century Springs facility in Wauwatosa, Wisconsin. This new plant will enhance the production capacity of Alkaline88 while reducing freight costs and environmental impact. CEO Frank Lazaran highlighted significant growth potential in the Midwest market. The company aims to offset rising costs through optimizing raw material sourcing and copacking partnerships, pursuing a strategy focused on revenue growth and a path to profitability.

The Alkaline Water Company (NASDAQ: WTER) announced that its flagship product, Alkaline88, achieved record sales at the 2022 KeHE Holiday Show, ranking as the top-selling brand. The event, held from June 9-21, 2022 in Chicago, brought significant orders from over 150 natural grocery buyers, indicating strong demand. Alkaline88, marketed as a health-conscious product, continues to expand within the natural grocery channel, solidifying its status as a leading enhanced water brand.

The Alkaline Water Company (NASDAQ: WTER) announces a new Direct-Store-Delivery (DSD) partnership with Heidelberg Distributing in Ohio and Kentucky. This collaboration aims to enhance brand presence and drive growth, targeting a market of approximately 16 million consumers.

With Heidelberg's extensive distribution network serving around 26,000 retailers, the partnership is expected to yield immediate results as Alkaline88® expands its footprint. The company also plans to open a new co-packing facility in the region, further optimizing production and distribution.

The Alkaline Water Company (WTER) has announced that its Alkaline88® products will be available at Army & Air Force Exchange Service locations globally. This partnership allows millions of active-duty military and veterans to purchase Alkaline88® while supporting the Exchange's mission of enhancing military quality of life. Frank Lazaran, CEO, emphasized the long-term efforts to secure this collaboration, aided by celebrity partner Shaquille O’Neal. The Exchange serves over 33 million customers worldwide, reinforcing the company’s market presence in the military community.

The Alkaline Water Company Inc. (NASDAQ: WTER) has appointed Frank Lazaran as its new Chief Executive Officer, following the resignation of Richard Wright. Lazaran, a retail food veteran with over 40 years of experience, previously led Marsh Supermarkets and Winn-Dixie Stores. The Company aims to enhance profitability and optimize operations under Lazaran's leadership, focusing on growth in the Alkaline88 brand. The transition is expected to align with the Company's strategy for continued expansion and financial guidance for the next fiscal year.

The Alkaline Water Company (NASDAQ: WTER) announced its Alkaline88 1-Liter 12-pack will be available in approximately 8,000 locations across the nation, coinciding with a summer promotion at the largest drugstore chain. This addition marks the fourth Alkaline88 SKU offered by the chain, enhancing customer options. According to Nielsen data, Alkaline88 saw a significant growth of 39.7% in dollar volume year-over-year, outpacing its category. The product will be prominently featured in retail outlets, aiming to capitalize on summer consumer demand.

The Alkaline Water Company has successfully completed a $5 Million Underwritten Public Offering, with Aegis Capital Corp. acting as the sole bookrunner. The company, known for its flagship product Alkaline88, specializes in providing premium alkaline water with a pH of 8.8 and trace minerals. Founded in 2012 and headquartered in Scottsdale, Arizona, the Alkaline Water Company emphasizes eco-friendly packaging options. The public offering aims to support the company's growth strategy and enhance its market presence.

The Alkaline Water Company, the largest independent alkaline water brand in the U.S., announced the closing of its public offering of 8,333,334 shares at $0.60 each, raising approximately $5 million. Aegis Capital Corp. managed the offering, which includes a 45-day option for underwriters to purchase an additional 15% of shares, potentially bringing total proceeds to $5.75 million. This offering is under an effective shelf registration statement with the SEC. The Company aims to further its growth in the alkaline water market.

The Alkaline Water Company (NASDAQ: WTER) announced a public offering priced at $0.60 per share, aiming to raise approximately $5 million before expenses. This equates to 8,333,334 shares, with a potential for total proceeds of $5.75 million if underwriters exercise their 45-day over-allotment option. Proceeds will be used for general corporate purposes, including debt repayment and working capital. The offering is set to close on May 9, 2022, pending usual closing conditions.