Primo Water (PRMW) Tops Q1 EPS by 14c; Raises Outlook

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Go back to Primo Water (PRMW) Tops Q1 EPS by 14c; Raises Outlook

Primo Water Announces First Quarter Financial Results

May 9, 2017 4:06 PM EDT

WINSTON-SALEM, N.C., May 09, 2017 (GLOBE NEWSWIRE) -- Primo Water Corporation (Nasdaq: PRMW) today reported financial results for the first quarter ended March 31, 2017.

First Quarter 2017 Business Highlights:

Net sales increased 88% to a record $60.7 millionWater segment net sales increased 137% to $53.1 millionUS Exchange same-store unit sales increased 6.1%Strong sell-thru of dispenser units of 143,000Integration of Glacier acquisition is ahead of plan

 (All comparisons above are with respect to the first quarter ended March 31,... More