Primo Water (PRMW) Tops Q1 EPS by 2c, Offers Q2, FY Guidance

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Primo Water Announces First Quarter Financial Results

May 5, 2015 4:05 PM EDT

Sales and Adjusted EBITDA Exceed Company Guidance

Outlook Raised for Fiscal 2015

WINSTON-SALEM, N.C., May 5, 2015 (GLOBE NEWSWIRE) -- Primo Water Corporation (Nasdaq: PRMW), a leading provider of multi-gallon purified bottled water, self-service refill water and water dispensers, today announced financial results for the first quarter ended March 31, 2015.

First Quarter Business Highlights:

Total net sales increased 24.2% to $29.2 million, exceeding Company guidance Water segment net sales increased 30.0% to $20.7 million driven by U.S.... More