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Primo Water Announces Third Quarter Financial Results

PRIMO WATER (PRMW)  More Company Research Source: Marketwire
Last primo water earnings: 11/7 04:28 pm Check Earnings Report
PDF WINSTON-SALEM, N.C. -- (Marketwired) -- 11/07/17 -- Primo Water Corporation (NASDAQ:PRMW) today reported financial results for the third quarter ended September 30, 2017. Third Quarter 2017 Business Highlights: Sales more than doubled to a record $82.2 million, above guidance Refill sales increased approximately seven-fold to $51.3 million Exchange sales increased 8.6% to $20.4 million Dispenser sales increased 12.4% to $10.5 million Net income more than doubled to $4.9 million, a record $0.14 per diluted share Adjusted net income from continuing operations increased to $0.19 per diluted share Adjusted EBITDA increased 169% to a record $18.0 million, above guidance Record sell-thru of dispenser units of 169,000 (All comparisons above are with respect to the third quarter ended September 30, 201 [Read more]

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