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

Rhea-AI Summary

Primo Water Corporation (NYSE: PRMW) will announce its first-quarter financial results for the period ending April 3, 2021, before the market opens on May 6, 2021. A conference call will follow at 10:00 a.m. ET, allowing for shareholder interaction. Additionally, Primo will hold its 2021 Annual and Special Meeting of Shareowners virtually on May 4, 2021, focusing on key governance matters, including financial statements and executive compensation. The company, generating approximately $2 billion in annual revenue, is a leading provider of water solutions in North America and Europe.

Positive

• Primo Water Corporation generates approximately $2.0 billion in annual revenue.
• The company operates a recurring revenue model through innovative water dispensers.
• Primo offers a comprehensive water solutions portfolio that includes Water Direct, Water Exchange, and Water Refill.

Negative

• None.

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 will host a conference call, to be simultaneously webcast, on Thursday, May 6, 2021 at 10:00 a.m. Eastern Time. A question and answer session will follow management's presentation. To participate, please call the following numbers: 

First Quarter 2021 Earnings Conference Call

North America: (888) 231-8191
International: (647) 427-7450
Conference ID: 2174707
This is a live, listen-only dial-in telephone line.

Webcast for First Quarter 2021 Earnings Conference Call

A live audio webcast will be available through the Company's website at www.primowatercorp.com. The webcast will be recorded and archived for playback on the investor relations section of the website for two weeks following the event.

2021 Annual and Special Meeting of Shareowners

Out of an abundance of caution, to proactively deal with the unprecedented impact of the coronavirus (COVID-19) outbreak and to mitigate risks to the health and safety of our shareowners, associates and other stakeholders, the Company's 2021 Annual and Special Meeting of Shareowners will again be held solely by remote communication, in a virtual-only format on Tuesday, May 4, 2021 at 8:00 a.m. ET.

The meeting can be accessed by shareowners at www.virtualshareholdermeeting.com/PRMW2021 using the control number on their proxy card, voting instruction form or Notice of Internet Availability of Proxy Materials. Technicians will be ready to assist you with any technical difficulties you may have accessing the virtual meeting. If you encounter any difficulties accessing the virtual meeting during check-in or during the meeting, please call the technical support number that will be posted on the meeting login page at www.virtualshareholdermeeting.com/PRMW2021. Primo Water Corporation has designed the format of the 2021 Annual and Special Meeting of Shareowners to ensure that shareowners are afforded the same rights and opportunities to participate as they would at an in-person meeting and to enhance shareowners' access, participation and communication through online tools.

Guests can listen to the meeting at www.virtualshareholdermeeting.com/PRMW2021, but only shareowners may communicate or vote at the meeting.

At the meeting, shareowners will be asked to receive the financial statements for the year ended January 2, 2021 and the report on those statements by Primo's independent registered certified public accounting firm, elect directors, approve the appointment of Primo's independent registered certified public accounting firm, hold a non-binding advisory vote on executive compensation, confirm, ratify and approve Primo's Shareholder Rights Plan, approve the continuance of Primo under the Business Corporations Act (Ontario) from the Canada Business Corporations Act, and transact any other business that properly may be brought before the meeting and any adjournment of the meeting.

The meeting will be recorded and archived for playback on the investor relations section of the website for two weeks following the event.

A live audio webcast will be available through the Company's website at www.primowatercorp.com. The webcast will be recorded and archived for playback on the investor relations section of the website for two weeks following the event.

ABOUT PRIMO WATER CORPORATION

Primo Water Corporation is a leading pure-play water solutions provider in North America, Europe and Israel and generates approximately $2.0 billion in annual revenue. Primo operates largely under a recurring razor/razorblade revenue model. The razor in Primo's revenue model is its industry leading line-up of sleek and innovative water dispensers, which are sold through major retailers and online at various price points or leased to customers. The dispensers help increase household penetration which drives recurring purchases of Primo's razorblade offering. Primo's razorblade offering is comprised of Water Direct, Water Exchange, and Water Refill. Through its Water Direct business, Primo delivers sustainable hydration solutions across its 21-country footprint direct to the customer's door, whether at home or to commercial businesses. Through its Water Exchange and Water Refill businesses, Primo offers pre-filled and reusable containers at over 13,000 locations and water refill units at approximately 22,000 locations, respectively. Primo also offers water filtration units across its 21-country footprint representing a top five position.

Primo's water solutions expand consumer access to purified, spring and mineral water to promote a healthier, more sustainable lifestyle while simultaneously reducing plastic waste and pollution. Primo is committed to its water stewardship standards and is proud to partner with the International Bottled Water Association (IBWA) in North America as well as with Watercoolers Europe (WE), which ensure strict adherence to safety, quality, sanitation and regulatory standards for the benefit of consumer protection.

Primo is headquartered in Tampa, Florida (USA). For more information, visit www.primowatercorp.com.

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SOURCE Primo Water Corporation

FAQ

When will Primo Water Corporation release its first-quarter financial results?

Primo Water Corporation will release its first-quarter financial results on May 6, 2021.

What time is the Primo Water Corporation conference call scheduled?

The conference call is scheduled for May 6, 2021, at 10:00 a.m. Eastern Time.

What is the date for Primo Water Corporation's Annual Shareholders Meeting?

The Annual and Special Meeting of Shareowners will be held on May 4, 2021.

What are some key topics to be discussed in the Primo Water Corporation Annual Meeting?

Key topics include the financial statements for the year ended January 2, 2021, and executive compensation.

How can shareholders access the Primo Water Corporation Annual Meeting?

Shareholders can access the meeting via a virtual platform at www.virtualshareholdermeeting.com/PRMW2021.