Primo Water (PRMW) Tops Q4 EPS by 1c, Revenues Miss; Q1 Revenue Guidance Below Consensus, FY19 Revenue Mid-Point Views Above Consensus

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Primo Water Announces Fourth Quarter and Full Year 2018 Financial Results

March 5, 2019 4:05 PM EST

WINSTON-SALEM, N.C., March 05, 2019 (GLOBE NEWSWIRE) -- Primo Water Corporation (Nasdaq: PRMW) today reported financial results for the fourth quarter and full year ended December 31, 2018.

Fourth Quarter 2018 Business Highlights:

Net sales increased 3.8% to $70.9 millionDispenser net sales increased 20.3% to $12.1 millionExchange net sales increased 8.9% to $18.3 millionNet income of $1.7 million, or $0.04 per diluted shareAdjusted net income of $3.1 million or $0.07 per diluted shareAdjusted EBITDA of $11.8... More