Flow Beverage Corp. to Release First Quarter 2022 Financial Results

Rhea-AI Summary

Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) is set to announce its financial results for the three-month period ending January 31, 2022 on March 15, 2022, before market opening. The company's Executive Chairman, CEO, and CFO will host a conference call at 10:00 a.m. EST the same day to discuss the results and future business outlook. Flow, a fast-growing premium water company in North America, aims to reduce environmental impact with sustainably sourced products in recyclable packaging.

Positive

• Flow is recognized as one of North America's fastest-growing premium water companies.
• The company offers a diverse line of health-oriented beverage products.
• Flow is B-Corp Certified with a score of 126.5.

Negative

• None.

TORONTO--(BUSINESS WIRE)-- Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) (“Flow” or the “Company”) will report its financial results for the three-month period ending January 31, 2022 on March 15, 2022, prior to the market opening. Nicholas Reichenbach, Executive Chairman, Maurizio Patarnello, Chief Executive Officer, and Devan Pennell, Chief Financial Officer, will host a conference call and webcast the same day to discuss the financial results and provide a business outlook.

Conference Call and Webcast Details
Date:				March 15, 2022
Time:				10:00 a.m. EST
Conference ID:				8283657
Dial-in:				(866) 941-1098 or (873) 415-0295
Webcast:				Link
Replay:				(800) 585-8367 or (416) 621-4642; available until April 15, 2022

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 24,650 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/20220307005382/en/

Devan Pennell, Chief Financial Officer

1-844-356-9426

investors@flowhydration.com

US investors:

Ashley DeSimone

Ashley.DeSimone@icrinc.com

Canadian investors:

Marc Charbin

investors@flowhydration.com

Media:

Natasha Koifman

nk@nkpr.net

Source: Flow Beverage Corp.

FAQ

When will Flow Beverage Corp. report its financial results?

Flow Beverage Corp. will report its financial results for the three-month period ending January 31, 2022, on March 15, 2022.

What time is the conference call for Flow Beverage Corp.'s financial results?

The conference call for Flow Beverage Corp.'s financial results will take place at 10:00 a.m. EST on March 15, 2022.

What is the ticker symbol for Flow Beverage Corp.?

The ticker symbol for Flow Beverage Corp. is FLWBF on the OTCQX and FLOW on the TSX.

How can I access the webcast for Flow Beverage Corp.'s financial results?

The webcast for Flow Beverage Corp.'s financial results can be accessed through the provided link on their official press release page.