Primo Water Corporation Announces Date for Third Quarter Earnings Release

Rhea-AI Summary

Primo Water Corporation (NYSE: PRMW) will announce its third quarter financial results for the period ended October 2, 2021, before market opening on November 4, 2021. A conference call will be held on the same day at 10:00 a.m. ET, including a Q&A session. The company operates on a recurring revenue model, generating approximately $2 billion annually, offering water solutions across North America, Europe, and Israel. Primo focuses on sustainable hydration solutions and is committed to reducing plastic waste while adhering to safety and quality standards.

Positive

• Annual revenue of approximately $2 billion.
• Recurring revenue model enhances financial stability.
• Strong market presence with water solutions across 22 countries.

Negative

• None.

TAMPA, Fla., Oct. 5, 2021 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions in North America and Europe, today announced that the Company will release its third quarter ended October 2, 2021 financial results before the markets open on Thursday, November 4, 2021.

Primo will host a conference call, to be simultaneously webcast, on Thursday, November 4, 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: 

Third Quarter 2021 Earnings Conference Call

North America: (888) 664-6392
International: (416) 764-8659
Conference ID: 46080719
This is a live, listen-only dial-in telephone line.

Webcast for Third 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.

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 market leading Water Direct business, Primo delivers sustainable hydration solutions across its 22-country footprint direct to the customer's door, whether at home or to commercial businesses. Through its market leading 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 22-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 Q3 2021 earnings?

Primo Water Corporation will release its Q3 2021 earnings before the market opens on November 4, 2021.

What time is the Primo Water Corporation conference call for Q3 2021?

The conference call for Q3 2021 will take place on November 4, 2021, at 10:00 a.m. ET.

How much revenue does Primo Water Corporation generate annually?

Primo Water Corporation generates approximately $2 billion in annual revenue.

What kind of business model does Primo Water Corporation use?

Primo Water Corporation operates on a recurring razor/razorblade revenue model.

What services does Primo Water Corporation provide?

Primo Water Corporation offers water delivery solutions, water refill services, and filtration units across its markets.