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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 Distribution Management (DM) to enhance its direct-to-consumer (D2C) fulfillment services. This partnership aims to enable 2-Day delivery of Alkaline88 products to 99% of U.S. households, improving customer experience and potentially reducing freight costs. The company reports strong recent e-commerce sales, indicating growth in this channel. The partnership is crucial for the company's expansion in e-commerce, supporting its goal to optimize fulfillment as it enters fiscal 2023.

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The Alkaline Water Company (NASDAQ: WTER) announced the availability of its Alkaline88® 1-gallon product in over 250 military retail locations across the U.S., including 80 Navy Exchange stores and 170 Defense Commissary Agency commissaries. This expansion aims to serve military personnel and veterans, reflecting the brand's commitment to providing quality hydration. The company continues to seek opportunities to grow its presence in military channels, building upon its extensive retail network of 80,000 outlets nationwide.

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The Alkaline Water Company (NASDAQ: WTER) announced a partnership with Bill’s Distributing for the distribution of its Alkaline88® water products in Alaska. This Direct-Store-Delivery (DSD) relationship aims to enhance the brand's presence and market penetration in the state. Bill's Distributing has over 30 years of experience in the beverage industry and will service major grocery chains, expanding Alkaline88® into various retail locations. This partnership is part of the company's broader strategy to increase market share and product availability across different channels.

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The Alkaline Water Company (NASDAQ: WTER) has announced a new co-packing partnership with AZ Custom Bottled Water to enhance its production capabilities. This partnership aims to support the growing demand for the Alkaline88® FreshCap™ functional beverage line and other water products. AZ Custom Water, which began manufacturing for the company in 2021, is expected to play a key role in production on the West Coast, bolstering supply chain efficiency while meeting market demand.

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The Alkaline Water Company (NASDAQ: WTER) announces that CEO Ricky Wright and Chairman Aaron Keay will participate in panels at the 34th Annual Roth Conference in Laguna Niguel, California on March 14. Keay’s panel focuses on Canadian market opportunities for growth investments from 12:30-1:25 PM PT, while Wright will discuss non-alcoholic beverages from 2:00-2:55 PM PT. The event includes various presentations from around 400 companies across diverse sectors, emphasizing the company’s commitment to innovative growth in the beverage market.

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The Alkaline Water Company Inc. (WTER) announced a partnership with Columbia Distributing to distribute Alkaline88 throughout Washington, Oregon, and Idaho. This alliance aims to expand market share in the Northwest, leveraging Columbia's Direct-Store-Delivery model, which services 20,000 accounts in the region. The company plans to open a new copacker in the Northwest in Q1 to meet anticipated demand from this rollout. President Ricky Wright emphasized the significance of this partnership in reaching health-conscious consumers.

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The Alkaline Water Company (WTER) has partnered with Source1 Purchasing to distribute its Alkaline88 products to over 20,000 hospitality accounts. This collaboration aims to tap into the lucrative multi-billion-dollar hospitality sector, targeting hotels, casinos, and universities. With the growing demand for premium alkaline water, this partnership is expected to enhance market penetration and accessibility. Source1's procurement solutions will facilitate easier access to Alkaline88 for its clients, providing a significant opportunity for growth.

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The Alkaline Water Company (WTER) reported a record revenue of $15.1 million for the fiscal third quarter ending December 31, 2021, marking a 57% year-over-year increase. This is the second-best quarter in company history. The company maintains its fiscal 2022 revenue guidance of $62 million. Key highlights include Alkaline88 being the fastest-growing value-added water brand, a gross profit of $5 million, and a net loss of $10.7 million. Despite margin pressures from inflation, the company expects margins to improve in fiscal 2023.

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The Alkaline Water Company Inc. (NASDAQ: WTER) will host a teleconference on February 14, 2022, at 4:30 PM ET, to discuss its financial results for the third quarter ended December 31, 2021. The call includes CEO Richard Wright and CFO David Guarino, who will cover operational highlights and future outlook. A press release will precede the call, providing key financial metrics. A replay will be available afterward. The company’s flagship product, Alkaline88®, is a leading alkaline water brand known for its eco-friendly packaging.

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The Alkaline Water Company (NASDAQ: WTER) has announced that Lidl grocery stores will add the Shaq Paq, featuring six 2-liter bottles, alongside its existing 1-gallon Alkaline88 option. Lidl, a fast-growing grocery chain in the U.S., aims to provide millions on the East Coast with this new size, appealing to health-conscious consumers. CEO Ricky Wright highlighted the partnership's significance, while brand ambassador Shaquille O'Neal expressed excitement over the new product's potential to attract new customers. The move is part of Alkaline88's growth strategy for 2022.

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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