Flow Beverage Corp. Launches Best Selling Flavors in New Formats

Rhea-AI Summary

Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) has launched 1-liter formats of its popular Strawberry Rose and Peach Blueberry flavors. The products are available at Sprouts Farmers Market and online. This introduction responds to customer demand for larger beverage sizes. The company has collaborated with Sprouts since 2019, highlighting their retail partnership. Flow Beverage is focused on sustainable practices, offering premium alkaline spring water in eco-friendly packaging, and operates in over 35,600 stores across North America.

Positive

• Launch of 1-liter flavors Strawberry Rose and Peach Blueberry caters to customer demand.
• Strong partnership with Sprouts Farmers Market since 2019 supports retail growth.
• Flow products are available in over 35,600 stores across North America.

Negative

• None.

Strawberry Rose and Peach Blueberry now available in 1 liter format

New SKUs are available at Sprouts Farmers Market and on flowhydration.com

TORONTO--(BUSINESS WIRE)-- Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) (“Flow” or the “Company”) today announced that it has launched a 1 liter format for two of its best selling flavors, Strawberry Rose and Peach Blueberry. The new product formats have been launched through a national roll-out through Sprouts Farmers Market (“Sprouts”) locations and direct to consumer in the United States and Canada on flowhydration.com.

Flow’s CEO, Nicholas Reichenbach, said, “The launch of these two new SKUs is a direct result of feedback we have received from our customers for larger formats of their favorite Flow flavors. We have been working with Sprouts since 2019, and we are very pleased that they will be taking a leadership role in the retail launch of these new product formats.”

About Sprouts

Sprouts is the place where goodness grows. True to its farm-stand heritage, Sprouts offers a unique grocery experience featuring an open layout with fresh produce at the heart of the store. Sprouts inspires wellness naturally with a carefully curated assortment of better-for-you products paired with purpose-driven people. The healthy grocer continues to bring the latest in wholesome, innovative products made with lifestyle-friendly ingredients such as organic, plant-based and gluten-free. Headquartered in Phoenix, and one of the largest and fastest growing specialty retailers of fresh, natural and organic food in the United States, Sprouts employs approximately 31,000 team members and operates approximately 380 stores in 23 states nationwide. To learn more about Sprouts, and the good it brings communities, visit about.sprouts.com.

About Flow

Flow is one of the fastest-growing premium water companies in North America. Founded in 2014, Flow’s mission since day one has been to reduce environmental impacts by providing sustainably sourced naturally alkaline spring water in a sustainable, 100% recyclable and up to 75% renewable, plant-based pack. Today, the brand is B-Corp Certified with a best-in-class score of 126.5, offering a diversified line of health and wellness-oriented beverage products: original naturally alkaline spring water, award-winning organic flavours, and collagen-infused flavours in sizes ranging from 330-ml to 1-litre. All products contain naturally occurring electrolytes and essential minerals and support Flow’s overarching purpose to “bring wellness to the world through the positive power of water.” Flow beverage products are available online at flowhydration.com and are sold at over 35,600 stores across North America.

For more information on Flow, please visit Flow’s investor relations site at: investors.flowhydration.com.

Cautionary Statement

This press release may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Such forward-looking statements include, but are not limited to, information with respect to our objectives and the strategies for achieving those objectives, as well as information with respect to our beliefs, plans, expectations, anticipations, estimates and intentions. Forward-looking statements are typically identified by the use of words such as “may”, “would”, “should”, “could”, “expect”, “intend”, “estimate”, “anticipate”, “plan”, “foresee”, “believe”, or “continue”, although not all forward-looking statements contain these words. Forward-looking statements are provided for the purposes of assisting the reader in understanding Flow and its business, operations, prospects, and risks at a point in time in the context of historical and possible future developments, and the reader is therefore cautioned that such information may not be appropriate for other purposes. Forward-looking statements are based on assumptions and are subject to a number of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking statements. Those risks and uncertainties include the following: impact and spread of COVID-19; ability to achieve and manage growth; failure to expand sales capabilities; changes in consumer preferences; criticism of packaged water; maintain brand image and product quality; constrained or unavailable spring water sources; inability to package products; increased competition; accurately estimating demand; maintaining relationships with distributors and vendors; changing retail landscape; incorrect product design or development; product information misrepresentation; revenues derived entirely from packaged beverages; increases in costs or shortages of materials; fluctuation of quarterly operating results; no assurance of profitability; fluctuations in foreign currency; changes in government regulation; contamination or recalls of ingredients or end products; loss of intellectual property rights; litigation; future tax rates; catastrophic events; climate change; seasonal business; dependence on key information systems and third-party service providers; ability to securely maintain confidential information; maintaining and upgrading information technology systems; conflict of interest; dual class share structure; potential volatility of share price; no assurance of active market for shares; lack of dividends; global financial condition; publication of inaccurate or unfavourable research and reports; operating history; and management and conflict of interests. Consequently, all of the forward-looking statements contained herein are qualified by the foregoing cautionary statements, and there can be no guarantee that the results or developments that we anticipate will be realized or, even if substantially realized, that they will have the expected consequences or effects on our business, financial condition or results of operation. Unless otherwise noted or the context otherwise indicates, the forward-looking statements contained herein are provided as of the date hereof, and we do not undertake to update or amend such forward-looking statements whether as a result of new information, future events or otherwise, except as may be required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220621005368/en/

Devan Pennell, Chief Financial Officer

1-844-356-9426

investors@flowhydration.com



US investors:

Jon DeDomenico

jon.dedomenico@icrinc.com



Canadian investors:

Marc Charbin

investors@flowhydration.com



Media:

Natasha Koifman

nk@nkpr.net

Source: Flow Beverage Corp.

FAQ

What new products did Flow Beverage Corp. launch?

Flow Beverage Corp. launched 1-liter formats of Strawberry Rose and Peach Blueberry flavors.

Where can I buy Flow Beverage Corp. products?

You can purchase Flow products at Sprouts Farmers Market and on their website, flowhydration.com.

What is the stock symbol for Flow Beverage Corp.?

The stock symbol for Flow Beverage Corp. is FLWBF on the OTCQX.

When did Flow Beverage Corp. announce its new product launch?

Flow Beverage Corp. announced the launch of its new products on the date of the press release.

How has Flow Beverage Corp. partnered with Sprouts?

Flow has collaborated with Sprouts Farmers Market since 2019, enhancing their retail presence.