The Alkaline Water Company Inc. (WTER)
Chart Events
Performance Outlook
| Previous Close | 1.4600 |
| Open | 1.4500 |
| Bid | 1.4300 x 1000 |
| Ask | 1.4800 x 1400 |
| Day's Range | 1.4300 - 1.4900 |
| 52 Week Range | 0.4000 - 2.6000 |
| Volume | 662,311 |
| Avg. Volume | 1,358,775 |
| Market Cap | 93.479M |
| Beta (5Y Monthly) | 2.90 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.2720 |
| Earnings Date | Aug 13, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 3.31 |
- GlobeNewswire
Alkaline88® Official Vendor for Kampgrounds of America (KOA®) and Yogi Bear’s Jellystone Park™ Camp-Resorts
A88 single-serve products, including sustainable aluminum bottles and flavored waters available to over 600 campground locations.SCOTTSDALE, Ariz., Oct. 22, 2020 (GLOBE NEWSWIRE) -- The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”), is a producer of premium bottled alkaline water, flavor-infused waters, and CBD infused products sold under the brand names Alkaline88®, A88 Infused™, and A88CBD™, respectively. Today, the Company announces that it is now an approved vendor for Kampgrounds of America (KOA®) and Yogi Bear’s Jellystone Park™ Camp-Resorts. “We are pursuing some exciting growth opportunities in the hospitality segment and are thrilled to announce our newest partnership with two of North America’s leading family camping destination providers,” stated Ricky Wright, President and CEO of The Alkaline Water Company. “There are approximately 82 million camper households in the U.S., and the recent pandemic related travel limitations are drawing more first-time campers to the activity. Camping and glamping booking services providers are reporting huge spikes in business, with some 400% busier than the same time last year. As such, our timing is perfect, and pursuing unique growth areas in the hospitality and foodservice arena remains a priority. As an approved vendor, our leading brands, Alkaline88®, and A88 Infused™ flavors, will be available to franchisors of approximately 520 KOA® and 81 Jellystone Park™ Camp-Resort locations. In addition, KOA® campgrounds will offer A88CBD™ products to adult guests. Our single-serve, eco-friendly, and all-natural products are an ideal fit for this segment and will be offered at their retail camp stores and on-site foodservice operations. We believe our products’ availability at these high traffic locations represents a huge growth opportunity and will further enhance the brand equity of our lifestyle products.” According to the 2020 North America Camping Report, new and unique outdoor experiences are driving the growth in camping in North America. Camping and RVing are becoming increasingly popular and attracting a diverse group of new campers. The report found that participation continued its growth trend among the youngest generations (Millennials, Generation X, and even more Generation Z groups).Key findings from the report are: * The active camper households in the U.S. in 2019 exceeded 82 million. * The year over year growth in the U.S. camping householders increased by 2.7 million. * The number of households who camped at least once in 2019 was nearly 42 million. * Since 2014, the number of households who camp 3+ times per year increased by 82%.The study further found that even against the backdrop of this year’s global pandemic, prospective campers’ interest is expected to support the camping sector’s continued growth in 2020.Kampgrounds of America (KOA)Kampgrounds of America, Inc. (KOA®) is the world’s largest system of privately held campgrounds. Founded in 1962 in Billings, Montana, it currently operates in over 520 locations in U.S. and Canada, delivering all types of camping experiences through its KOA® Journey, KOA® Holiday, KOA® Resort, and other unique lodging accommodations.Leisure Systems and Yogi Bear’s Jellystone Park™ Camp-ResortsLeisure Systems, Inc. (LSI) is the Franchisor for Yogi Bear’s Jellystone Park™ Camp-Resorts. Launched in 1969, the Jellystone Park system now operates in 81 markets in the U.S. and Canada and is the second-largest chain of campgrounds in the U.S. LSI is a wholly-owned subsidiary of The Park River Corporation, Cincinnati, Ohio.The Alkaline Water CompanyFounded in 2012, The Alkaline Water Company (NASDAQ and CSE: WTER) is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88®, is a leading premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options. With its innovative, state-of-the-art proprietary electrolysis process, Alkaline88® delivers perfect 8.8 pH balanced alkaline drinking water with trace minerals and electrolytes and boasts our trademarked label ‘Clean Beverage.’ Quickly being recognized as a growing lifestyle brand, Alkaline88® launched A88 Infused™ in 2019 to meet consumer demand for flavor-infused products. A88 Infused™ flavored water is available in six unique all-natural flavors, with new flavors coming soon. Additionally, in 2020, the Company launched A88 Infused Beverage Division Inc., which includes the Company’s CBD water and flavor-infused water. For the Company’s topical and ingestible offerings, A88 Infused Products Inc. includes both the Company’s lab-tested full-spectrum hemp salves, balms, lotions, essential oils, and bath salts, along with broad-spectrum hemp, powder packs, oil tinctures, capsules, and gummies.To purchase A88CBD™ products online, visit us at www.A88CBD.com. To learn more about The Alkaline Water Company, please visit www.thealkalinewaterco.com or connect with us on Facebook, Twitter, Instagram, or LinkedIn.Notice Regarding Forward-Looking StatementsThis news release contains “forward-looking statements.” Statements in this news release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the following: that being approved by KOA and Yogi Bear Jellystone Parks represent a huge growth opportunity and will further enhance the brand equity of the Company’s lifestyle products.The material assumptions supporting these forward-looking statements include, among others, that the demand for the Company’s products will continue to significantly grow, including by operators of campgrounds; that the past production capacity of the Company’s co-packing facilities can be maintained or increased; that there will be increased production capacity through implementation of new production facilities, new co-packers and new technology; that there will be an increase in number of products available for sale to retailers and consumers; that there will be an expansion in geographical areas by national retailers carrying the Company’s products; that there will be an expansion into new national and regional grocery retailers; that there will be an expansion into new e-commerce, home delivery, convenience, and healthy food channels; that there will not be interruptions on production of the Company’s products; that there will not be a recall of products due to unintended contamination or other adverse events relating to the Company’s products; and that the Company will be able to obtain additional capital to meet the Company’s growing demand and satisfy the capital expenditure requirements needed to increase production and support sales activity. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, governmental regulations being implemented regarding the production and sale of alkaline water or any other products, including products containing hemp/CBD; the fact that consumers may not embrace and purchase any of the Company’s water or CBD-infused products; the fact that operators of KOA Campgrounds and Jellystone Parks may not carry the Company’s products in their locations; the fact that the Company may not be permitted by the FDA or other regulatory authority to market or sell any of its CBD-infused products; additional competitors selling alkaline water and enhanced water products in bulk containers reducing the Company’s sales; the fact that the Company does not own or operate any of its production facilities and that co-packers may not renew current agreements and/or not satisfy increased production quotas; the fact that the Company has a limited number of suppliers of its unique bulk bottles; the potential for supply-chain interruption due to factors beyond the Company’s control; the fact that there may be a recall of products due to unintended contamination; the inherent uncertainties associated with operating as an early stage company; changes in customer demand and the fact that consumers may not embrace enhanced water products as expected or at all; the extent to which the Company is successful in gaining new long-term relationships with new retailers and retaining existing relationships with retailers; the Company’s ability to raise the additional funding that it will need to continue to pursue its business, planned capital expansion and sales activity; and competition in the industry in which the Company operates and market conditions. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by applicable law, including the securities laws of the United States and Canada. Although the Company believes that any beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Readers should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the reports and other documents the Company files with the SEC, available at www.sec.gov, and on the SEDAR, available at www.sedar.com.The Alkaline Water Company Inc.Richard A. Wright President and CEO, orSajid Daudi Director of Investor Relations & Corporate Communications 800-923-1910 investors@thealkalinewaterco.com MediaJessica Starman 888-461-2233 jessica@elev8newmedia.com
- Simply Wall St.
A Look At Alkaline Water's (NASDAQ:WTER) Share Price Returns
The Alkaline Water Company Inc. (NASDAQ:WTER) shareholders should be happy to see the share price up 16% in the last...
- GlobeNewswire
Alkaline88® Launches New 2-Liter Single-Serve and Six Pack to Meet Customer Demand
* HomeGoods, a T.J. Maxx company, to carry the new 2-liter offering in 500 stores. * New packaging format targets high volume shoppers, including the club market.SCOTTSDALE, Ariz., Oct. 14, 2020 (GLOBE NEWSWIRE) -- The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”), is a producer of premium bottled alkaline water, flavor-infused waters, and CBD infused products sold under the brand names Alkaline88®, A88 Infused™, and A88CBD™, respectively. Today, the Company announced that its new 2-liter six-pack packaging for its flagship brand, Alkaline88®, will now be carried by Home Good stores across 500 locations nationwide.“We are excited to announce that our new 2-liter six-pack offering for our core brand, Alkaline88, will be available at HomeGoods stores nationwide,” stated Ricky Wright, President and CEO of The Alkaline Water Company. This unique six-pack complements our existing line-up, especially our single-serve offerings, which continue to do well in the current environment. The two-liter format is extremely popular in the carbonated soft drinks segment but virtually nonexistent in the bottled water category. Originally we envisioned this format for the club market, but we see this resonating with the health and wellness lifestyle-focused consumers across all trades given its optimal size. We believe this packaging will appeal to buyers that tend to make purchases in larger quantities and fills the void that currently exists in the club market as well as specialty retailers.”A Media Snippet accompanying this announcement is available by clicking on the image or link below:“Our brand is known for its superior hydration with a perfect 8.8pH balance. Our newest offering provides additional choices for bulk buyers as it is sized ideally for the fridge, gym, or anyone looking to pursue a healthful lifestyle. The 2-liter bottle meets the daily fluid intake recommendation of drinking approximately eight 8-ounce glasses of water a day. As such, we believe this will be yet another hit with our loyal base of customers giving them more sustainable and healthier choices for their hydration needs,” added Mr. Wright.The TJX Companies, Inc.The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. As of August 1, 2020, the end of the Company’s second quarter, the Company operated a total of 4,557 stores in nine countries, the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands, and Australia, and four e-commerce sites. These include 1,271 T.J. Maxx, 1,134 Marshalls, 818 HomeGoods, 46 Sierra, and 34 Homesense stores, as well as tjmaxx.com, marshalls.com, and sierra.com in the United States.The Alkaline Water CompanyFounded in 2012, The Alkaline Water Company (NASDAQ and CSE: WTER) is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88®, is a leading premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options. With its innovative, state-of-the-art proprietary electrolysis process, Alkaline88® delivers perfect 8.8 pH balanced alkaline drinking water with trace minerals and electrolytes and boasts our trademarked label ‘Clean Beverage.’ Quickly being recognized as a growing lifestyle brand, Alkaline88® launched A88 Infused™ in 2019 to meet consumer demand for flavor-infused products. A88 Infused™ flavored water is available in six unique all-natural flavors, with new flavors coming soon. Additionally, in 2020, the Company launched A88 Infused Beverage Division Inc., which includes the Company’s CBD water and flavor-infused water. For the Company’s topical and ingestible offerings, A88 Infused Products Inc. includes both the Company’s lab-tested full-spectrum hemp salves, balms, lotions, essential oils, and bath salts, along with broad-spectrum hemp, powder packs, oil tinctures, capsules, and gummies.To purchase A88CBD™ products online, visit us at www.A88CBD.com. To learn more about The Alkaline Water Company, please visit www.thealkalinewaterco.com or connect with us on Facebook, Twitter, Instagram, or LinkedIn.Notice Regarding Forward-Looking StatementsThis news release contains “forward-looking statements.” Statements in this news release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the following: that the Company sees the two-liter format resonating with the health and wellness lifestyle-focused consumers across all trades given its optimal size; that the Company believes this packaging will appeal to buyers that tend to make purchases in larger quantities and fills the void that currently exists in the club market as well as specialty retailers; and that the Company believes the 2-liter bottle will be yet another hit with the Company’s loyal base of customers.The material assumptions supporting these forward-looking statements include, among others, that the demand for the Company’s products will continue to significantly grow; that the past production capacity of the Company’s co-packing facilities can be maintained or increased; that there will be increased production capacity through implementation of new production facilities, new co-packers and new technology; that there will be an increase in number of products available for sale to retailers and consumers; that there will be an expansion in geographical areas by national retailers carrying the Company’s products; that there will be an expansion into new national and regional grocery retailers; that there will be an expansion into new e-commerce, home delivery, convenience, and healthy food channels; that there will not be interruptions on production of the Company’s products; that there will not be a recall of products due to unintended contamination or other adverse events relating to the Company’s products; and that the Company will be able to obtain additional capital to meet the Company’s growing demand and satisfy the capital expenditure requirements needed to increase production and support sales activity. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, governmental regulations being implemented regarding the production and sale of alkaline water or any other products, including products containing hemp/CBD; the fact that consumers may not embrace and purchase any of the Company’s CBD-infused products; the fact that the Company may not be permitted by the FDA or other regulatory authority to market or sell any of its CBD-infused products; additional competitors selling alkaline water and enhanced water products in bulk containers reducing the Company’s sales; the fact that the Company does not own or operate any of its production facilities and that co-packers may not renew current agreements and/or not satisfy increased production quotas; the fact that the Company has a limited number of suppliers of its unique bulk bottles; the potential for supply-chain interruption due to factors beyond the Company’s control; the fact that there may be a recall of products due to unintended contamination; the inherent uncertainties associated with operating as an early stage company; changes in customer demand and the fact that consumers may not embrace enhanced water products as expected or at all; the extent to which the Company is successful in gaining new long-term relationships with new retailers and retaining existing relationships with retailers; the Company’s ability to raise the additional funding that it will need to continue to pursue its business, planned capital expansion and sales activity; and competition in the industry in which the Company operates and market conditions. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by applicable law, including the securities laws of the United States and Canada. Although the Company believes that any beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Readers should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the reports and other documents the Company files with the SEC, available at www.sec.gov, and on the SEDAR, available at www.sedar.com.The Alkaline Water Company Inc.Richard A. Wright President and CEO, orSajid Daudi Director of Investor Relations & Corporate Communications 800-923-1910 investors@thealkalinewaterco.comMediaJessica Starman 888-461-2233 jessica@elev8newmedia.com
