Primo Water

Primo Water Corp. engages in the manufacture, process, and distribution of beverages. It operates through the following segments: North America, Rest of World, and All Other. The North America segment offers bottled water, water filtration, and coffee services to customers in North America. The Rest of World segment provides bottled water, water filtration, and coffee services to customers in Europe and Israel. The All Other segment includes the corporate oversight function and other miscellaneous expenses. The company was founded in 1955 and is headquartered in Tampa, FL.

Earnings data Q1 2021

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Primo Water reports strong Q4 earnings, eyes growth opportunities

Primo Water's Q4 2022 performance reflects solid financial results, with revenue growth, margin expansion, and positive outlook for 2023, underpinned by strategic initiatives.
The company's resilience in offsetting cost inflation, focus on shareholder value, and market adaptability position it well for sustained growth and profitability.
Challenges related to working capital, supply chain disruptions, and M&A strategies in Europe require strategic management to navigate effectively.
Opportunities in digital growth, operational efficiencies, and market expansion present avenues for Primo to drive long-term success and shareholder value creation.

Primo Water reports strong Q1 earnings, eyes growth amid challenges

Primo Water delivered robust Q1 2023 results, showcasing revenue and EBITDA growth driven by consumer demand and operational enhancements.
While facing inflationary pressures and working capital challenges, the company demonstrated resilience and strategic focus on cost management.
With a strong emphasis on sustainability, operational efficiencies, and revenue guidance, Primo Water is poised for continued growth and market leadership.
Strategic initiatives to improve service execution, reduce CapEx, and capitalize on market opportunities position the company for long-term success and profitability.

Primo Water reports strong Q2 results, eyes growth opportunities

Primo Water's Q2 performance reflects revenue and EBITDA growth, supported by key segments and European operations, with raised annual guidance.
The company's strengths lie in customer retention, acquisitions, growth initiatives, and diversified customer acquisition channels.
Challenges include commercial sales recovery, fuel price impacts, NOL drop-off, and ongoing inventory management considerations.
Opportunities for Primo Water include pricing strategies, demand growth, fleet savings, and continued focus on customer experience and expansion.

Primo Water reports strong Q3 results and accelerates growth plans

Primo Water's Q3 performance reflects strong revenue and EBITDA growth, with a focus on North American water businesses.
The Culligan deal unlocks shareholder value and accelerates achievement of 2024 targets, with a clear strategy for debt reduction.
Challenges include shifting sales focus and regulatory hurdles, while opportunities lie in new market penetration and sustained growth strategies.
Overall, Primo Water remains confident in its ability to deliver value to shareholders and drive growth through strategic initiatives.

Primo Water reports strong Q4 earnings, outlines growth strategies

Primo Water's Q4 2023 performance reflects robust revenue and EBITDA growth, surpassing full-year guidance and demonstrating operational strength. The company's strategic focus on customer-centric initiatives, cost optimization, and growth strategies underpins its positive outlook for 2024 and beyond.
Despite facing challenges like margin decline and cost inflation, Primo Water remains resilient, leveraging its strengths in brand portfolio, sustainability practices, and production capabilities. The company's proactive approach to addressing challenges and seizing opportunities underscores its commitment to sustainable growth.
With a clear vision outlined by CEO Robbert Rietbroek, Primo Water is poised for continued success through organic growth initiatives, operational enhancements, and prudent capital deployment strategies. The company's financial performance, strategic priorities, and market adaptability position it as a strong player in the water market.

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Primo Water Corporation (formerly Cott Corporation) is an American-Canadian water company offering multi-gallon bottled water, water dispensers, self-service refill water machines, and water filtration appliances. The company is headquartered in Tampa, Florida, and services residential and commercial customers across the United States, Canada, Europe, and Israel.

TAMPA, Fla., June 15, 2021 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of water direct to consumers and water filtration services in North America and Europe as well as a leading provider of water dispensers, purified and spring bottled water, and self-service refill drinking water in the U.S. and Canada, today announced the appointment of Shayron Barnes-Selby as Chief Diversity & Inclusion Officer, effective immediately.

Primo Water Corporation Announces Appointment of Shayron Barnes-Selby as Chief Diversity and Inclusion Officer

TAMPA, Fla., June 8, 2021 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of water direct to consumers and water filtration services in North America and Europe as well as a leading provider of water dispensers, purified and spring bottled water, and self-service refill drinking water in the U.S. and Canada, today announced that it will present at the Jefferies Virtual Consumer Conference on Tuesday, June 22, 2021.

Primo Water Corporation to Present at the Jefferies Virtual Consumer Conference

TAMPA, FL, June 2, 2021 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of water direct to consumers and water filtration services in North America and Europe as well as a leading provider of water dispensers, purified and spring bottled water, and self-service refill drinking water in the U.S. and Canada, today announced that it will present at the 2021 RBC Capital Markets Global Consumer and Retail Conference (virtual format) on Thursday, June 3, 2021. The presentation, which will begin at approximately 10:40 a.m.

Primo Water Corporation to Present at the 2021 RBC Capital Markets Global Consumer and Retail Conference

Primo Water's (PRMW) CEO Tom Harrington on Q1 2021 Results - Earnings Call Transcript

Primo (PRMW) delivered earnings and revenue surprises of 0.00% and 0.39%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Primo (PRMW) Q1 Earnings Match Estimates

First quarter financial results ahead of expectations, Company raises full year Adjusted EBITDA guidance $10 million to between $380 million and $390 million TAMPA, Fla., May 6, 2021 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of water direct to consumers and water filtration services in North America and Europe as well as a leading provider of water dispensers, purified and spring bottled water, and self-service refill drinking water in the U.S. and Canada, today announced its results for the first quarter ended April 3, 2021.

Primo Water Corporation Announces First Quarter 2021 Results

TAMPA, Fla., May 5, 2021 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of water direct to consumers and water filtration services in North America and Europe as well as a leading provider of water dispensers, purified and spring bottled water, and self-service refill drinking water in the U.S. and Canada,  announced that its Board of Directors authorized a new $50 million share repurchase program and declared a quarterly dividend.

Primo Water Corporation Announces $50 Million Share Repurchase Program, Declaration of Quarterly Dividend and Results of Voting for Directors at Annual and Special Meeting of Shareowners

TAMPA, Fla., April 22, 2021 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of water direct to consumers and water filtration services in North America and Europe as well as a leading provider of water dispensers, purified and spring bottled water, and self-service refill drinking water in the U.S. and Canada,  announced today that it has filed a supplement to its proxy statement (the "Supplement") for its annual and special meeting of shareowners to be held on May 4, 2021 (the "Meeting").

Primo Water Corporation Files Supplement to Proxy Statement

TAMPA, Fla., April 21, 2021 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), today announced that its wholly owned subsidiary, Primo Water Holdings Inc. (the "Issuer"), priced the previously announced private placement offering of $750 million in aggregate principal amount of senior notes (the "Notes").

Primo Water Corporation Announces Pricing of $750 Million of Senior Notes

TAMPA, Fla., April 21, 2021 /PRNewswire/ - In connection with a potential financing, Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of water direct to consumers and water filtration services in North America and Europe as well as a leading provider of water dispensers, purified and spring bottled water, and self-service refill drinking water in the U.S. and Canada, today announced, based on preliminary results, that it expects to achieve the previously announced targeted results for its first quarterly period in 2021 of between (i) $455 million and $485 million in revenue and (ii) $70 million and $75 million in Adjusted EBITDA.

Primo Water Corporation Reaffirms First Quarter 2021 Outlook

TAMPA, Fla., April 21, 2021 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), today announced that its wholly owned subsidiary, Primo Water Holdings Inc. (the "Issuer"), intends, subject to market and other customary conditions, to offer $750 million aggregate principal amount of senior notes due 2029 (the "Notes") in a private offering.

Primo Water Corporation Announces Intention to Offer $750 Million of Senior Notes

TAMPA, Fla., April 6, 2021 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of water direct to consumers and water filtration services in North America and Europe as well as a leading provider of water dispensers, purified and spring bottled water, and self-service refill drinking water in the U.S. and Canada, today announced that the Company will release its first quarter ended April 3, 2021 financial results before the markets open on Thursday, May 6, 2021.

Primo Water Corporation Announces Date for First Quarter Earnings Release and Details Relating to the 2021 Annual and Special Meeting of Shareowners

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Primo Water Corporation (PRMW) CEO Tom Harrington on Q4 2020 Results - Earnings Call Transcript

Fourth quarter financial results exceed high-end of expectations and continue to validate pure-play water model TAMPA, Fla., Feb. 25, 2021 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of water direct to consumers and water...

Primo Water Corporation Announces Fourth Quarter and Fiscal Year 2020 Results

TAMPA, Fla., Feb. 4, 2021 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of water direct to consumers and water filtration services in North America and Europe as well as a leading provider of water dispensers, purified and...

Primo Water North America Announces Gold Seal Certification for its PureFlo Bright + Carbon Filtration Unit

TAMPA, FL, Jan. 14, 2021 /PRNewswire/ - Primo Water Corporation (NYSE:PRMW) (TSX:PRMW) (the "Company" or "Primo"), a leading provider of water direct to consumers and water filtration services in North America and Europe as well as a leading provider of water dispensers, purified and...

Primo Water Corporation Announces Date for Fourth Quarter and Fiscal Year 2020 Earnings Release and Conference Call

TAMPA, FL, Jan. 5, 2021 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of water direct to consumers and water filtration services in North America and Europe as well as a leading provider of water dispensers, purified and...

Primo Water North America Announces Alliance for Water Stewardship Certification for its Wekiva Spring Site

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TAMPA, Fla., Nov. 11, 2020 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of water direct to consumers and water filtration services in North America and Europe as well as a leading provider of water dispensers, spring and...

Primo Water North America Proudly Recognizes its International Bottled Water Association Award Winners for 2020

Primo Water Corporation (PRMW) CEO Tom Harrington on Q3 2020 Results - Earnings Call Transcript

Primo (PRMW) delivered earnings and revenue surprises of 60.00% and 3.87%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

News for Primo Water Stock (PRMW)