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Flow Beverage Corp (FLWBF) is a leading player in the beverage industry, specializing in the production and distribution of premium alkaline spring water. The company's core business revolves around providing health-conscious consumers with high-quality, naturally alkaline water sourced from sustainably managed springs. With a commitment to environmental sustainability, Flow Beverage Corp emphasizes eco-friendly packaging and supports social initiatives to give back to communities in need. Recent achievements include expanding their product line to include flavored alkaline water options, entering new markets through strategic partnerships, and achieving strong financial performance driven by consumer demand for healthier beverage alternatives. Through innovative marketing campaigns and a focus on wellness, Flow Beverage Corp continues to grow its presence in the competitive beverage market.
Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) has announced a distribution agreement with WB Canna Co. & Wellness to distribute Flow products in the Caribbean and Central America. This agreement allows Flow’s Alkaline Spring Water and flavored products to be available in up to 25 Caribbean markets and seven Central American markets, enhancing the company’s market presence. Flow, known for its sustainable practices, aims to meet the growing consumer demand for eco-friendly products in these regions, especially in hospitality sectors mandated to reduce plastic usage.
Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) has announced its official sponsorship of Pride Toronto and will engage in events promoting sustainability and healthy choices throughout June. The company will participate in the Pride Parade from June 24-26 and donate water to local crisis centers. Additionally, for every 12-pack of flavoured Flow sold in June, Flow will contribute
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.
Flow Beverage Corp (FLWBF) revised its net revenue growth target for FY 2022 to 25% - 30% from an initial 45% - 55%. Despite this adjustment, it maintains a target of 45% - 50% reduction in EBITDA loss for FY 2022. The brand captured 45% market share in the U.S. carton format shelf stable water segment, up from 38% a year earlier. Notable partnerships with Norwegian Cruise Line and Accor were established, enhancing distribution. In Q2 2022, net revenue was $9.0 million, down from $11.3 million in Q2 2021, with an EBITDA loss of $8.5 million, a 49% improvement year-over-year.
Flow Beverage Corp. (OTCQX: FLWBF) has partnered with Norwegian Cruise Line (NYSE: NCLH) to become its official water supplier, marking a strategic move into the food service sector. Flow's CEO, Nicholas Reichenbach, expressed enthusiasm for the collaboration, highlighting its importance for growth. Further details regarding the product launch will be disclosed in a forthcoming announcement. Flow aims to reduce environmental impact with 100% recyclable packaging while offering a diversified line of alkaline spring water products.
Flow Beverage Corp. (OTCQX:FLWBF) announced its participation in Oppenheimer’s 22nd Annual Consumer Conference, scheduled for June 15, 2022. Nicholas Reichenbach, founder and CEO, will present at 9 AM ET. The event will be held virtually, and the presentation can be accessed here. Flow is a rapidly growing premium water company committed to sustainability.
Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) announced that Maurizio Patarnello will step down as CEO effective June 1, 2022, to focus on family in Europe. Nicholas Reichenbach, the founder and Executive Chairman, will take over as CEO, ensuring continuity of strategy. Patarnello will serve as Strategic Advisor to support future initiatives. Under Patarnello's leadership, Flow has grown rapidly, reaching over 30,500 retail outlets in North America and achieving significant sustainability milestones, including the reduction of single-use plastic bottles.
Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) will announce its financial results for the three and six months ending April 30, 2022, on June 14, 2022, before market opening. A conference call and webcast will be held on the same day at 9:00 a.m. ET to discuss the results and provide a business outlook. Flow is recognized as one of North America's fastest-growing premium water brands, promoting sustainability through recyclable packaging and a commitment to wellness.
Flow Beverage Corp. (OTCQX:FLWBF) announced its participation in Morgan Stanley’s 7th Annual Sustainable Futures Conference in New York City on May 25, 2022. Founder Nicholas Reichenbach will engage in a fireside chat with Mark Carlucci, Morgan Stanley's VP of Sustainability Equity Research, at 11:45 a.m. ET. Investors can access the live webcast here or via Flow's investor relations site.
Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) announced its participation in the Royal Bank of Canada Brooklyn Half on May 21, providing over 40,000 units of its alkaline spring water to participants. This initiative, part of their partnership with New York Road Runners (NYRR), aims to promote sustainability by replacing plastic bottles with recyclable cartons. Flow will also sample products at the Pre-Party event from May 18-20 at Brooklyn Bridge Park. CEO Maurizio Patarnello expressed excitement about enhancing brand awareness and supporting environmental initiatives.
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