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ALKALINE WATER CO INC - WTER STOCK NEWS

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The Alkaline Water Company Inc. (symbol: WTER) is a leading producer, distributor, and marketer of bottled alkaline water in the United States. Founded in 2012 and headquartered in Scottsdale, Arizona, the company has established itself as a prominent player in the beverage industry. The company's flagship product is bottled alkaline water, which is sold under the brand name Alkaline88. This product is available in various volumes and is known for its premium quality and health benefits.

In addition to plain alkaline water, the company also offers a range of flavored bottled alkaline water options. These flavors include raspberry, watermelon, lemon, lemon lime, peach mango, blood orange, and cucumber mint. This diversification in product offerings allows The Alkaline Water Company to cater to a wide range of consumer tastes and preferences.

Besides its core water products, the company has ventured into the wellness market with its A88CBD brand. Under this brand, The Alkaline Water Company sells hemp-derived CBD topical and ingestible products. These products are designed to provide wellness benefits and are available through various retail channels.

The Alkaline Water Company employs a robust distribution strategy, selling its products through brokers and distributors to a variety of retail outlets. These outlets include convenience stores, natural food products stores, large ethnic markets, and national retailers. The company also leverages e-commerce platforms to reach a broader audience.

Over the years, The Alkaline Water Company has achieved significant milestones. It continues to innovate and expand its product line, keeping up with consumer demand for healthier beverage options. The company's focus on quality and customer satisfaction has earned it a loyal customer base.

Overall, The Alkaline Water Company Inc. stands out for its commitment to providing high-quality, health-focused beverage products. Its diverse product range, strategic distribution channels, and continuous innovation make it a significant player in the industry.

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The Alkaline Water Company (NASDAQ: WTER) has partnered with iDEAL Hospitality Partners Group to enhance sales in the non-commercial hospitality channel. This collaboration leverages iDEAL's extensive industry experience to promote the Alkaline88® brand across hotels, casinos, and other venues. The partnership aims to capitalize on the growing demand for premium alkaline water, with plans for significant announcements anticipated in early 2024. This strategic move reflects the company's commitment to establishing Alkaline88® as a key player in the hospitality market.

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The Alkaline Water Company (WTER) reported record revenue of $15.25 million for Q2 fiscal 2022, marking over 50% growth year-over-year. This achievement represents the best quarter in the company's history and is their 34th consecutive quarter of record sales. The company anticipates continued momentum and reaffirms its annual revenue guidance of $62 million. Significant developments include successful marketing campaigns featuring Shaquille O’Neal and expansion into new retail channels.

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The Alkaline Water Company (NASDAQ: WTER) announced a teleconference on November 9, 2021, at 4:30 PM ET to discuss financial results for the second quarter ending September 30, 2021. President and CEO Richard Wright and CFO David Guarino will detail operational highlights and the outlook for the remainder of fiscal year 2022. A press release summarizing the results will be made available after market close on the same day and can be accessed on the company’s website. A replay will also be accessible starting the same evening.

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The Alkaline Water Company Inc. (NASDAQ: WTER) has announced a partnership with R&M Royal Palms Beverage Co., Ltd to distribute Alkaline88® and A88 Infused® products in Canada. This move expands the company's international presence, building on its successful growth in the U.S. and Mexico. R&M will handle distribution to various retail chains across British Columbia, Alberta, Saskatchewan, Manitoba, and Ontario. The partnership aims to introduce Alkaline88's unique offerings to the Canadian market, leveraging R&M's extensive retail network.

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The Alkaline Water Company (NASDAQ: WTER) has announced a significant revenue potential from entering the warehouse club channel, following initial orders of Alkaline88® products at 587 Sam's Clubs. The company has received reorders, indicating strong consumer demand and retention. President and CEO Ricky Wright noted the company's logistics capabilities and expanded co-packing network will support continued supply. The company anticipates healthy revenue growth from this channel in fiscal 2022, emphasizing the club channel's role in boosting bottled water sales.

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The Alkaline Water Company (NASDAQ: WTER) has launched a new marketing campaign featuring Shaquille O'Neal to promote its product, Alkaline88®. The commercials, which began airing on October 22, will be showcased across various platforms, including television and digital media. President and CEO Ricky Wright expressed enthusiasm about making Alkaline88 a household name. The campaign focuses on high-impact TV and digital advertising to gauge consumer reactions as the product is widely available in premier grocery chains. This initiative aims to enhance brand awareness and consumer engagement.

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The Alkaline Water Company (NASDAQ: WTER) announces the distribution of its products, Alkaline88®, in 350 GNC retail locations across the U.S. These 1-liter and 2-liter bottles will be available in refrigerated coolers, enhancing visibility and accessibility. This partnership aligns with the company's revenue goals for fiscal 2022 and aims to leverage GNC's extensive health and wellness market presence. GNC's CEO expressed excitement over the collaboration, recognizing the growth potential of enhanced water products.

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Alkaline Water Company (NASDAQ: WTER) announces a partnership with Ohi for rapid delivery options. Starting November 2021, Alkaline88® will be available for 2-hour, same-day, and next-day delivery in New York City and Los Angeles. The collaboration aims to enhance the e-commerce experience for customers, with plans to expand to eight more cities by Q1 2022 and 25 cities by the end of the year. This initiative supports the company's growth strategy and sustainability goals, reflecting a significant boost in customer engagement and convenience.

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The Alkaline Water Company (WTER) announced the launch of its A88CBD™ functional waters in California following the passage of Assembly Bill 45. This new line includes six flavors, each containing 25mg of CBD, and will leverage innovative packaging technology. The company has received exceptional responses from major retailers and expects to see these beverages on store shelves soon. With a strong reputation in California's alkaline water market, WTER aims to capture a significant share of the emerging CBD beverage sector.

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FAQ

What is the current stock price of ALKALINE WATER CO (WTER)?

The current stock price of ALKALINE WATER CO (WTER) is $0.0504 as of November 22, 2024.

What is the market cap of ALKALINE WATER CO (WTER)?

The market cap of ALKALINE WATER CO (WTER) is approximately 730.6K.

What does The Alkaline Water Company Inc. do?

The company produces, distributes, and markets bottled alkaline water and flavored alkaline water in the United States under the Alkaline88 brand.

What flavors of bottled alkaline water does the company offer?

The company offers flavors such as raspberry, watermelon, lemon, lemon lime, peach mango, blood orange, and cucumber mint.

What is the A88CBD brand?

A88CBD is a brand under The Alkaline Water Company Inc. that sells hemp-derived CBD topical and ingestible products.

Where is The Alkaline Water Company Inc. headquartered?

The company is headquartered in Scottsdale, Arizona.

When was The Alkaline Water Company Inc. founded?

The company was founded in 2012.

How does The Alkaline Water Company Inc. distribute its products?

The company sells its products through brokers and distributors to retailers, including convenience stores, natural food products stores, large ethnic markets, and national retailers, as well as through e-commerce websites.

What makes Alkaline88 water different from regular bottled water?

Alkaline88 water is known for its premium quality and health benefits, which include maintaining the body's pH balance and providing better hydration.

What types of retailers carry The Alkaline Water Company's products?

The company's products are available in convenience stores, natural food products stores, large ethnic markets, and national retailers.

Does The Alkaline Water Company Inc. sell its products online?

Yes, the company also sells its products through various e-commerce websites.

ALKALINE WATER CO INC

Nasdaq:WTER

WTER Rankings

WTER Stock Data

730.64k
14.71M
4.08%
0%
1.71%
Beverages - Non-Alcoholic
Consumer Defensive
Link
United States of America
Scottsdale