Primo Water Corporation (PRMW)
| Market Cap | 3.43B |
| Revenue (ttm) | 1.68B |
| Net Income (ttm) | 257.30M |
| Shares Out | 159.97M |
| EPS (ttm) | 1.60 |
| PE Ratio | 13.44 |
| Forward PE | 22.61 |
| Dividend | $0.36 (1.67%) |
| Ex-Dividend Date | Jun 7, 2024 |
| Volume | 882,447 |
| Open | 21.41 |
| Previous Close | 21.24 |
| Day's Range | 21.20 - 21.56 |
| 52-Week Range | 12.27 - 23.11 |
| Beta | 1.21 |
| Analysts | Buy |
| Price Target | 21.25 (-1.21%) |
| Earnings Date | May 9, 2024 |
About PRMW
Primo Water Corporation provides pure-play water solutions for residential and commercial customers. It offers bottled water, water dispensers, purified bottled water, self-service refill drinking water, premium spring, mineral water, sparkling and flavored essence water, filtration units, and coffee. The company offers its products under the Primo, Alhambra, Crystal Rock, Mountain Valley, Deep Rock, Hinckley Springs, Crystal Springs, Kentwood Springs, Mount Olympus, Pureflo, Sierra Springs, Sparkletts, Renü, Canadian Springs, Labrador Source, ... [Read more]
Financial Performance
In 2023, Primo Water's revenue was $1.77 billion, an increase of 4.64% compared to the previous year's $1.69 billion. Earnings were $238.10 million, an increase of 704.39%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for PRMW stock is "Buy." The 12-month stock price forecast is $21.25, which is a decrease of -1.21% from the latest price.
News
Primo Water Announces First Quarter 2024 Results and Declares Quarterly Dividend
Results exceeded high end of Q1 Revenue and Adjusted EBITDA guidance Revenue of $452 million, increased 9.6%, including 8.3% organic growth Gross margin of 64.4%, increased 160 bps, and net income inc...
Primo Water Announces Results of Voting for Directors at Annual and Special Meeting of Shareowners
TAMPA, Fla. , May 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, ...
Primo Water Announces Date for First Quarter 2024 Earnings Release and Details Relating to the 2024 Annual and Special Meeting of Shareowners
TAMPA, Fla. , April 9, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North Americ...
Thirsty for returns? Consider Xylem and Primo Water
The UN World Water Development Report 2024, unveiled on March 22, underscores a troubling reality: mounting global water scarcity is driving an increase in conflicts across the globe. This worrisome t...
Primo Water To Present At The 27th Annual CIBC Retail And Consumer Conference
TAMPA, Fla. , March 19, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions in North America, to...
Primo Water To Present At The Raymond James 45th Annual Institutional Investors Conference
TAMPA, Fla. , Feb. 27, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions in North America, tod...
Primo Water Reports Full-Year And Fourth Quarter 2023 Results
Reports strong year-over-year growth in Revenue, Net Income, Adjusted EBITDA, Margins and Adjusted Free Cash Flow Completes previously announced transaction to sell significant portion of its Internat...
Primo Water Announces Date for Fourth Quarter 2023 Earnings Release and Conference Call
TAMPA, Fla. , Jan. 18, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions direct to consu...
Primo Water Announces Closing of the Sale of Signifigant Portion of Its International Business
Robbert Rietbroek Commences as Chief Executive Officer and Joins the Board Of Directors TAMPA, FL , Jan. 2, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Pri...
PRIMO WATER ANNOUNCES APPOINTMENT OF ROBBERT RIETBROEK AS CEO
TAMPA, Fla. , Nov. 15, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions direct to consu...
PRIMO WATER ANNOUNCES STRONG THIRD QUARTER 2023 RESULTS AND INCREASES ANNUAL ADJUSTED FREE CASH FLOW GUIDANCE
Delivers Q3 Revenue guidance and exceeds high-end of Adjusted EBITDA guidance Revenue of $622 million, a 6% increase Net income of $33 million, a $32 million increase Adjusted EBITDA of $141 million, ...
PRIMO WATER ENTERS INTO AGREEMENT TO SELL SIGNIFICANT PORTION OF ITS INTERNATIONAL BUSINESSES FOR UP TO $575 MILLION IN CASH
Creates significant shareowner value at a premium valuation multiple Agreement is the first step in exiting all of its International businesses Enables focus on North America market where Primo Water ...
PRIMO WATER ANNOUNCES DATE FOR THIRD QUARTER 2023 EARNINGS RELEASE AND CONFERENCE CALL
TAMPA, Fla. , Oct. 10, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions direct to consu...
PRIMO WATER ANNOUNCES STRONG SECOND QUARTER 2023 RESULTS AND INCREASES ANNUAL GUIDANCE
Delivered high end of Q2 Revenue and high end of Adjusted EBITDA guidance Increased Revenue 4% to $593.3 million Declares quarterly dividend of $0.08 per common share, a 14% increase over last year's ...
PRIMO WATER ANNOUNCES DATE FOR SECOND QUARTER 2023 EARNINGS RELEASE AND CONFERENCE CALL
TAMPA, Fla , July 6, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions direct to consume...
PRIMO WATER RELEASES 2022 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT
TAMPA, Fla. , June 28, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) ("Primo Water"), a leading provider of sustainable drinking water solutions in North America and Europe, tod...
PRIMO WATER ANNOUNCES RESULTS OF VOTING FOR DIRECTORS AT ANNUAL AND SPECIAL MEETING OF SHAREOWNERS
TAMPA, Fla. , June 1, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America...
Primo Water Announces CEO Retirement and Transition Plan
Tom Harrington Intends to Retire as Primo Water CEO Will Continue to Serve as CEO Until a Successor is Appointed Board Commences Search to Identify Company's Next CEO TAMPA, Fla. , May 31, 2023 /PRNew...
Primo Water Corporation to Present at the BMO Global Farm to Market Conference
TAMPA, Fla. , May 9, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions in North America and Eu...
Primo Water Corporation Announces First Quarter 2023 Results and Declares Quarterly Dividend
Exceeds Revenue and delivers high-end of Adjusted EBITDA guidance Increases Revenue 4% to $547 million (6% increase excluding impact of foreign exchange) Declares quarterly dividend of $0.08 per commo...
Legion Partners Comments on Successful Outcome of Litigation Against Primo Water
LOS ANGELES--(BUSINESS WIRE)--Legion Partners Asset Management, LLC, together with its affiliates (collectively, “we” or “Legion Partners”), is a significant shareowner of Primo Water Corporation (“Pr...
Legion Partners Releases Supplemental Presentation Setting the Record Straight on Primo Water Corporation's Ongoing Efforts to Distract Shareowners
LOS ANGELES--(BUSINESS WIRE)--Legion Partners Asset Management, LLC (together with its affiliates, “Legion Partners” or “we”), which collectively with the other participants in its solicitation benefi...
PRIMO WATER CORPORATION ANNOUNCES DATE FOR FIRST QUARTER 2023 EARNINGS RELEASE AND CONFERENCE CALL
TAMPA, Fla., April 6, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW); (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions direct to consumers i...
Legion Partners Releases Presentation Outlining Case for Change at Primo Water Corporation
LOS ANGELES--(BUSINESS WIRE)--Legion Partners Asset Management, LLC (together with its affiliates, “Legion Partners” or “we”), which collectively with the other participants in its solicitation benefi...
Legion Partners Files Definitive Proxy Statement and Sends Letter to Primo Water Shareowners
LOS ANGELES--(BUSINESS WIRE)--Legion Partners Asset Management, LLC, together with its affiliates (collectively, “we” or “Legion Partners”), is a significant shareowner of Primo Water Corporation (“Pr...