PRMW Stock Recent News

PRMW continues to increase shareholder value as its board of directors approves a special quarterly dividend hike.

TAMPA, Fla. and STAMFORD, Conn.

TAMPA, Fla. , Sept. 11, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America, today released its 2023 Sustainability report.

Primo Water Corp., a US-Canadian water company, is attractive due to its focus on multi-gallon bottled water services and recent strategic divestments. The upcoming merger with BlueTriton will create a leading company with significant synergies, cost savings, and a $6.5B revenue potential. Despite a modest dividend and B+ credit rating, Primo's strong organic growth, market share expansion, and strategic M&A make it a compelling investment.

NEW YORK, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Primo Water Corporation ( NYSE : PRMW ) , relating to its proposed merger with Triton US HoldCo, Inc. Under the terms of the agreement, Primo Water shareholders are expected to own 43% of the combined company.

Primo (PRMW) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.24 per share a year ago.

Results exceeded high end of Q2 Revenue and Adjusted EBITDA outlook Revenue of $485 million , increased 7.6%, including 6.6% contribution from organic growth Gross margin of 65.6%, increased 110 bps, and net income increased to $13 million Adjusted EBITDA of $113 million, increased 14.9%, and Adjusted EBITDA margin of 23.3%, increased 150 bps Increases full-year 2024 Revenue and Adjusted EBITDA outlook Increases full-year 2024 Adjusted Free Cash Flow outlook to between $180 million and $190 million, an increase of $5 million TAMPA, Fla. , Aug. 8, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America, today announced its results for the second quarter ended June 29, 2024.

TAMPA, Fla. , Aug. 7, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America, today announced that its Board of Directors declared a dividend of US$0.09 per share on common shares, payable in cash on September 5, 2024 to shareowners of record at the close of business on August 22, 2024.

Primo (PRMW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

TAMPA, Fla. , July 18, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America, today announced that the Company will release its second quarter ended June 29, 2024 financial results before the markets open on Thursday, August 8, 2024.