Primo Water Corporation Announces Date for Third Quarter Earnings Release

Rhea-AI Summary

Primo Water Corporation (NYSE: PRMW) will release its Q3 financial results on November 5, 2020, before market open. The conference call is scheduled for the same day at 10:00 a.m. ET, allowing investors to participate via a dial-in or a live webcast. Operating in North America and Europe, Primo generates around $2.1 billion in annual revenue through a diversified water solutions model, focusing on direct delivery, water exchange, and refill services.

Positive

• Primo generates approximately $2.1 billion in annual revenue.
• The company operates a recurring razor/razorblade revenue model, enhancing customer retention.
• Primo has a strong market presence with operations in 21 countries.

Negative

• None.

TAMPA, Fla., Oct. 6, 2020 /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 bottled water, and self-service refill drinking water in the U.S. and Canada, today announced that the Company will release its third quarter ended September 26, 2020 financial results before the markets open on Thursday, November 5, 2020. 

Primo will host a conference call, to be simultaneously webcast, on Thursday, November 5, 2020 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 2020 Earnings Conference Call

North America: (888) 231-8191
International: (647) 427-7450
Conference ID: 1031839
This is a live, listen-only dial-in telephone line.

Webcast for Third Quarter 2020 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 $2.1 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 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.

View original content to download multimedia:http://www.prnewswire.com/news-releases/primo-water-corporation-announces-date-for-third-quarter-earnings-release-301147063.html

SOURCE Primo Water Corporation

FAQ

When will Primo Water Corporation release its Q3 2020 earnings?

Primo Water Corporation will release its third quarter earnings on November 5, 2020.

What time is the Primo Water Q3 earnings conference call?

The conference call for Primo Water's Q3 earnings is scheduled for 10:00 a.m. ET on November 5, 2020.

How can I listen to the Primo Water Q3 earnings call?

You can listen to the Q3 earnings call by dialing (888) 231-8191 for North America or (647) 427-7450 for international calls, or by accessing the live webcast on Primo's website.

What is the revenue model of Primo Water Corporation?

Primo operates a recurring razor/razorblade revenue model with water dispensers and delivery services.

In how many countries does Primo Water operate?

Primo Water operates in 21 countries across North America and Europe.