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Stock impact report

Primo Water Announces First Quarter 2024 Results and Declares Quarterly Dividend [Yahoo! Finance]

Primo Water Corporation (PRMW) 
Last primo water corporation earnings: 11/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.primowater.com
Company Research Source: Yahoo! Finance
Gross margin of 64.4%, increased 160 bps, and net income increased to $19 million Adjusted EBITDA of $94 million , increased 24.2%, and Adjusted EBITDA margin of 20.8%, increased 250 bps Increases full-year 2024 Revenue and Adjusted EBITDA outlook Increases full-year 2024 Adjusted Free Cash Flow outlook to between $175 million and $185 million , an increase of $5 million TAMPA, Fla. May 9, 2024 /CNW/ - 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 first quarter ended March 30, 2024 "This quarter we exceeded the high end of our guidance for revenue and Adjusted EBITDA. Our balanced and broad-based channel performance in the first quarter enables us to raise our revenue, Adjusted EBITDA and Adjusted free cash flow outlook for the 2024 fiscal year, " said Robbert Rietbroek, Chief Executive Officer. "Volume performance continue Show less Read more
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