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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.
The Alkaline Water Company (NASDAQ: WTER) has expanded its distribution in the Midwest by partnering with Meijer, a leading grocery chain, reaching 30 million potential consumers. Their flagship product, Alkaline88®, is now available in Meijer stores in three sizes. The company anticipates Meijer becoming one of its top 10 customers within 12 months, attributing shared values in quality and innovation. Alkaline88 boasts a unique 8.8 pH balance and is made from simple ingredients, reinforcing its position as the top-selling bulk alkaline water brand in the U.S.
The Alkaline Water Company (NASDAQ: WTER) has partnered with CEFCO Convenience Stores to sell Alkaline88’s 1-liter size in over 200 locations across six states. CEO Ricky Wright emphasized this partnership as pivotal for expanding their convenience store presence and distribution of single-serve products. Alkaline88, known for its Smooth Hydration® with a pH of 8.8, is committed to sustainability, using fully recyclable aluminum bottles and BPA-free PET packaging. The company has launched various product sizes and flavors, aiming to meet customer demand for clean, alkaline water.
The Alkaline Water Company (NASDAQ: WTER) has partnered with JOH Brokers to distribute its Alkaline88 water products, enhancing its growth strategy in 2021. This partnership aims to leverage JOH's expertise in various retail channels, expanding the brand's market presence, particularly in the Northeast and Mid-Atlantic regions with a consumer base of over 60 million. Known for its 8.8 pH balanced water, Alkaline88 emphasizes clean, eco-friendly packaging and has diversified its product line with A88 Infused flavored waters.
The Alkaline Water Company (NASDAQ: WTER) announced a partnership with Nevada Beverage Company for direct store delivery of its Alkaline88 and A88 Infused Flavored waters. This alliance expands their distribution network in Nevada, which covers 74% of the state's population and over 2,900 accounts. CEO Ricky Wright emphasized the growing consumer demand for eco-friendly options as a key factor for the success of these products. This partnership follows another recent agreement with Hensley Beverage Company in Arizona, indicating a strategic focus on expanding market presence.
The Alkaline Water Company (NASDAQ: WTER) has announced partnerships with three retailers: Gabe’s, Reasor’s Foods, and Banner Wholesale Grocers. These partnerships aim to enhance the distribution of its A88CBD™ and A88 Infused™ products, including gummies and CBD-infused waters. Gabe’s will feature A88CBD products in 120 stores, while Reasor’s will carry five topical products in 20 locations. The company's CEO highlighted the growing demand for CBD products and the favorable market conditions as key drivers for capturing market share in this emerging category.
The Alkaline Water Company (NASDAQ: WTER) announced its participation in the 33rd Annual Virtual ROTH Conference from March 15-17, 2021. CEO Ricky Wright will engage in 1-on-1 meetings during the event, aimed at enhancing corporate access and investment opportunities.
The company, founded in 2012, is known for its flagship product Alkaline88®, offering alkaline bottled water and a range of flavor-infused and CBD-infused products under various brands. Alkaline88® is recognized for its superior pH balance and trace minerals, appealing to a growing health-conscious consumer base.
The Alkaline Water Company (NASDAQ: WTER) has partnered with Tiendas Sindicales, a grocery chain in the Mexican Free Trade Zone. This partnership allows the Company to enter one of the largest bottled water markets globally, with a per capita consumption of 73.7 gallons as of 2019. The Company plans to start shipping products this month, targeting around six million monthly customers accessing Tiendas Sindicales. Management sees this as a significant step in expanding its international presence, potentially leading to more opportunities in North America and beyond.
The Alkaline Water Company (NASDAQ: WTER) announced that its A88CBD products will be available in all Yesway/Allsup convenience stores across the Midwest. This partnership with BettermentRS aims to enhance product distribution and is seen as a significant step for the A88CBD brand.
Yesway operates almost 402 locations and plans to expand to over 500 stores, enhancing market access for Alkaline Water’s offerings. The company's commitment to become a leading CBD provider aligns with its growth strategy, aiming for increased retail presence and brand recognition in the next 12-18 months.
The Alkaline Water Company (NASDAQ: WTER) has announced a partnership with Hensley Beverage Company to distribute its Alkaline88 and A88 Infused products across Arizona. This agreement marks the first use of a direct store distribution model for the entire Alkaline88 line in a major market. The partnership is expected to significantly enhance sales by leveraging Hensley's extensive network of over 9,000 retail locations. Additionally, the company has filed for an at-the-market equity offering program to raise up to $20 million to support its growth strategies.
The Alkaline Water Company (NASDAQ: WTER) reported record revenue of $10.2 million for Q3 2021, a 20% year-over-year increase. The Company's earnings per share improved to ($0.06), a 14.3% enhancement from the previous year. Key factors driving growth include an expanding Direct Store Delivery network and a growing E-Commerce platform. The Company anticipates strong growth in fiscal 2022, supported by new initiatives in convenience stores and digital marketing. Despite higher operating expenses, gross profit increased to $4.2 million, with a margin of 41.2%.
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