PRIMO WATER CORPORATION ANNOUNCES DATE FOR SECOND QUARTER EARNINGS RELEASE

Rhea-AI Summary

Primo Water Corporation (NYSE: PRMW) has announced its second quarter financial results will be released on August 11, 2022, before market opening. The company, a leader in sustainable drinking water solutions, will also host a conference call at 10:00 a.m. ET on the same day to discuss the results, including a Q&A session. With an annual revenue of approximately $2.1 billion, Primo operates a recurring revenue model through water dispensers and delivery services across 21 countries. The firm emphasizes sustainability and consumer access to purified water.

Positive

• Primo generates approximately $2.1 billion in annual revenue.
• Operates a recurring razor/razorblade revenue model enhancing customer retention.
• Provides sustainable hydration solutions across a 21-country footprint.

Negative

• None.

TAMPA, FL, July 5, 2022 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions direct to consumers in North America and Europe, today announced that the Company will release its second quarter ended July 2, 2022, financial results before the markets open on Thursday, August 11, 2022.

Primo will host a conference call, to be simultaneously webcast, on Thursday, August 11, 2022, at 10:00 a.m. Eastern Time. A question and answer session will follow management's presentation. To participate, please call the following numbers: 

Second Quarter 2022 Earnings Conference Call

North America: (888) 664-6392
International: (416) 764-8659
Conference ID: 75198085
This is a live, listen-only dial-in telephone line.

Webcast for Second Quarter 2022 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.

ABOUT PRIMO WATER CORPORATION

Primo Water Corporation is a leading pure-play water solutions provider in North America and Europe and generates approximately $2.1 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 retailers and online at various price points. 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 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 23,000 locations, respectively. Primo also offers water filtration units across its 21-country footprint.  

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. 

View original content to download multimedia:https://www.prnewswire.com/news-releases/primo-water-corporation-announces-date-for-second-quarter-earnings-release-301580665.html

SOURCE Primo Water Corporation

FAQ

What is the date of Primo Water Corporation's second quarter earnings release?

Primo Water Corporation will release its second quarter financial results on August 11, 2022.

What time is the Primo Water Corporation conference call for Q2 2022?

The conference call will take place at 10:00 a.m. Eastern Time on August 11, 2022.

How much revenue does Primo Water Corporation generate annually?

Primo Water Corporation generates approximately $2.1 billion in annual revenue.

How does Primo Water Corporation's business model work?

Primo operates a recurring razor/razorblade revenue model, selling water dispensers and offering water delivery services.