Primo Water (PRMW) Tops Q4 EPS by 2c, Offers FY & Q1 Guidance

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Primo Water Announces Fourth Quarter and Fiscal Year Financial Results

March 8, 2016 4:05 PM EST

Record Net Sales of $127.0 Million and Adjusted EBITDA of $18.1 Million Exceed Company Guidance

Company Provides Fiscal 2016 Outlook

WINSTON-SALEM, N.C., March 08, 2016 (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 fourth quarter and fiscal year ended December 31, 2015.

Fourth Quarter Business Highlights:

Net sales increased 6.5% to $31.5 millionWater segment net sales increased 14.7%... More