Primo Water(PRMW)
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Primo Water Releases 2023 Sustainability Report
Prnewswire· 2024-09-11 18:30
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. "I am pleased to share the 2023 Sustainability report, which highlights our progress and continued commitment to our sustainability journey," said Robbert Rietbroek, Primo Water's Chief Executive Officer. "We have made meaningful strides toward our priorities an ...
Primo Water: Decent Valuation Post-M&A Fundamentals
Seeking Alpha· 2024-09-03 15:57
Abstract Aerial Art/DigitalVision via Getty Images Dear readers/followers, I'm very interested in the investment of capital into water businesses. You really only need to look at my publishing history, and my history with companies like Uponor (OTC:UPNRF) in Finland, but also American water companies. This includes dividend monoliths like York Water (YORW). So I like companies that in some way have to do with water, and I'm willing to assign those companies fairly hefty valuations. Why is that? Because, as ...
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger of Primo Water Corporation – PRMW
GlobeNewswire News Room· 2024-08-10 00:16
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 ...
Primo Water(PRMW) - 2024 Q2 - Earnings Call Transcript
2024-08-09 06:06
财务数据和关键指标变化 - 总收入增长7.6%,其中体积增长3.1%,价格增长4.5% [37][38] - 调整后EBITDA增长15%至1.13亿美元,调整后EBITDA利润率达23.3% [12] - 经调整自由现金流同比增加3400万美元至7300万美元 [48][49] 各条业务线数据和关键指标变化 - 水直送和交换业务收入增长7%,水加注和过滤业务收入增长12% [40] - 其他水业务(主要为Mountain Valley春泉水的零售和现场销售)收入增长87% [40][79][80][81] - 水机业务收入下降21%,主要受到体积下降16%和批发价格下降的影响 [40][41][42] 各个市场数据和关键指标变化 - 公司客户群保持50%住宅和50%商业的良好平衡 [77] - 各地区业务增长均衡,没有出现异常 [77] - Mountain Valley春泉水在零售和现场渠道表现出色,收入增长87% [79][80][81] 公司战略和发展方向及行业竞争 - 公司专注于提升客户体验、成为零售合作伙伴的首选、实现卓越运营 [10][11] - 公司正在扩大Mountain Valley春泉水的销售,增加产能以满足强劲需求 [18][19] - 公司正在优化组织架构和运营系统,提高生产效率和降低成本 [29][30][31][32][33][34] - 公司致力于负责任的水源管理和可持续发展 [35] - 公司正在积极推进与BlueTriton的合并,预计将创造协同效应 [89][90][91] 管理层对经营环境和未来前景的评论 - 消费者对健康生活方式和水合需求持续增长,公司有望从中受益 [14] - 公司有信心实现全年利润率扩张 [12] - 公司有信心完成2024年20百万美元的业务优化目标 [34][110] 其他重要信息 - 公司已完成英国Amy's Foods和葡萄牙业务的出售,正在出售以色列和英国Eden业务 [47][84][85] - 公司将向股东派发每股0.82美元的特别股息 [105] - 公司将继续每季度派发0.09美元的普通股息,较去年增加13% [106] 问答环节重要的提问和回答 问题1 **分析师提问** 对于公司重新进入零售业务的担忧 [97] **Robbert Rietbroek回答** BlueTriton的零售业务是一项优质资产,与公司现有业务能很好地互补 [98][99][100] **David Hass回答** BlueTriton的零售业务表现良好,与公司之前退出的私有品牌装瓶业务不同 [103] 问题2 **分析师提问** 关于公司股票回购和股息政策的计划 [104] **David Hass回答** 公司将向股东派发每股0.82美元的特别股息,此外还将继续每季度派发0.09美元的普通股息 [105][106] 问题3 **分析师提问** 对于2024年下半年和2025年的计划 [107] **Robbert Rietbroek回答** 公司将继续专注于提升客户体验和推动业务增长,为与BlueTriton合并做好准备 [108] **David Hass回答** 公司将继续推进业务优化计划,同时保持良好的现金流表现,为合并做好准备 [110][111]
Primo (PRMW) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2024-08-08 20:50
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. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 4%. A quarter ago, it was expected that this maker of pure-play water solutions would post earnings of $0.14 per share when it actually produced earnings of $0.19, delivering a surprise of 35.71%. Over the last four quarters ...
Primo Water(PRMW) - 2024 Q2 - Quarterly Results
2024-08-08 18:39
财务业绩 - 第二季度收入为4.85亿美元,同比增长7.6%,其中有6.6%来自有机增长[7] - 毛利率为65.6%,同比增加110个基点,净利润增加至1300万美元[8][10] - 调整后EBITDA为1.13亿美元,同比增长14.9%,调整后EBITDA利润率为23.3%,同比增加150个基点[11] - 全年收入和调整后EBITDA指引上调[14][15] - 全年调整后自由现金流预计在1.8亿至1.9亿美元之间,较之前增加5000万美元[14][15] - 公司第二季度收入为4.85亿美元,同比增长7.6%[31] - 第二季度毛利率为65.6%,同比提升1.3个百分点[31] - 第二季度营业利润为3.92亿美元,同比下降5.3%[31] - 第二季度净利润为1.33亿美元,同比下降2.2%[32] - 第二季度每股收益为0.08美元,同比下降11.1%[33] - 上半年收入为9.37亿美元,同比增长8.6%[31] - 上半年毛利率为65.0%,同比提升1.1个百分点[31] - 上半年营业利润为7.48亿美元,同比增长19.1%[31] - 上半年净利润为3.20亿美元,同比增长90.5%[32] - 上半年每股收益为0.20美元,同比增长81.8%[33] - 公司2023年第二季度持续经营净收入为13.3亿美元[40] - 2023年第二季度折旧和摊销费用为4.97亿美元[40] - 2023年第二季度股份支付费用为0.95亿美元[40] - 2023年第二季度北美地区收入为4.85亿美元[43] - 2023年第二季度北美地区毛利率为65.6%[44] - 2023年第二季度北美地区销售、一般及管理费用占收入比重为50.2%[44] - 2023年第二季度北美地区营业利润为7.29亿美元[44] - 2024年上半年北美地区收入为9.36亿美元[49] - 2024年上半年北美地区毛利率为65.0%[50] - 2024年上半年北美地区销售、一般及管理费用占收入比重为51.4%[50] - 公司总收入为8.63亿美元,其中北美地区收入为8.63亿美元,其他地区收入为0.3亿美元[52] - 毛利为5.50亿美元,毛利率为63.7%[52] - 销售、一般及管理费用为4.81亿美元,占总收入的55.8%[52] - 营业利润为0.63亿美元[52] - 折旧和摊销费用为0.94亿美元[52] - 调整后EBITDA为2.07亿美元,调整后EBITDA利润率为22.1%[59] - 自由现金流为0.85亿美元,调整后自由现金流为1.02亿美元[67,68] - 调整后净利润为0.72亿美元,调整后每股收益为0.45美元[76] 税务相关 - 公司根据适用税率和税收待遇分析,对调整后净收入的税收影响进行了计算[1] - 在某些司法管辖区,由于历史亏损或其他因素导致递延税资产产生估值准备,公司未预期实现相关税收利益,因此采用较低或0%的税率[1] 股权相关 - 报告期内,非公认会计准则下的摊薄加权平均普通股数量等于报告的摊薄加权平均普通股数量[2] - 公司暂停股票回购计划,以专注于与BlueTriton Brands的合并[24] - 公司宣布派发每股0.09美元的季度股息[23] 业务发展 - 水直送/水交换业务收入增长7.4%,水加注/水过滤业务收入增长11.6%,其他水业务(主要为零售和现场销售的Mountain Valley Spring水)收入增长86.6%[21]
Primo Water Declares Quarterly Dividend
Prnewswire· 2024-08-07 18:30
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. ABOUT PRIMO WATER CORPORATION Primo Water is a leading North America-focused pure-play water solution ...
Primo Water Announces Date for Second Quarter 2024 Earnings Release
Prnewswire· 2024-07-19 04:30
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.Primo Water will host a conference call, to be simultaneously webcast, on Thursday, August 8, 2024 at 10:00 a.m. Eastern Time. Considering the pending merg ...
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger of Primo Water Corporation - PRMW
Prnewswire· 2024-07-12 08:52
NEW YORK, July 11, 2024 /PRNewswire/ -- 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 com ...
What Makes Primo (PRMW) a New Buy Stock
ZACKS· 2024-06-22 01:00
Investors might want to bet on Primo (PRMW) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changing earnings ...