Primo Water(PRMW)
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SHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger of Primo Water Corporation – PRMW
GlobeNewswire News Room· 2024-08-09 16:16
Group 1 - Monteverde & Associates PC is investigating Primo Water Corporation regarding its proposed merger with Triton US HoldCo, Inc., where Primo Water shareholders are expected to own 43% of the combined company [1] - Monteverde & Associates PC has been recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report, indicating its successful track record in recovering money for shareholders [1][2] - The firm operates from the Empire State Building in New York City and has a national presence in class action securities litigation [2] Group 2 - The firm encourages shareholders with concerns about the merger or other issues to contact them for additional information free of charge [3] - Contact information for Juan Monteverde, Esq. is provided for shareholders seeking legal assistance [4]
Primo (PRMW) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2024-08-08 12:50
Primo (PRMW) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 4%. A quarter ago, it was expected that this maker of pure-play water solutions would post earnings of $0.14 per share when it actually produced earnings of $0.19, delivering a surprise of 35.71%. Over the last four quarters ...
Primo Water Declares Quarterly Dividend
Prnewswire· 2024-08-07 10:30
Core Viewpoint - Primo Water Corporation has declared a dividend of US$0.09 per share, payable on September 5, 2024, to shareholders of record by August 22, 2024 [1] Company Overview - Primo Water is a leading provider of sustainable drinking water solutions in North America, operating primarily under a recurring revenue model in the large format water category (3 gallons or greater) [2] - The company's business strategy is likened to a "razor-razorblade" model, where the initial sale of water dispensers creates a user base that frequently purchases complementary consumable products [2] - Primo Water's innovative water dispensers are sold through approximately 11,350 retail locations and online, enhancing household and business penetration [2] - The company's recurring revenue offerings include Water Direct, Water Exchange, and Water Refill, with Water Exchange available in about 17,950 retail locations and Water Refill at approximately 23,500 self-service stations [2] Sustainability Commitment - Primo Water aims to expand consumer access to purified, spring, and mineral water, promoting a healthier lifestyle while reducing plastic waste and pollution [3] - The company adheres to strict water stewardship standards and partners with the International Bottled Water Association (IBWA) to ensure safety, quality, sanitation, and regulatory compliance [3]
Primo Water Announces Date for Second Quarter 2024 Earnings Release
Prnewswire· 2024-07-18 20:30
Company Overview - Primo Water Corporation is a leading provider of sustainable drinking water solutions in North America, focusing on promoting a healthier lifestyle while reducing plastic waste and pollution [3][4]. - The company operates under a recurring revenue model primarily in the large format water category, offering innovative water dispensers sold through approximately 11,200 retail locations and online [5]. Financial Results Announcement - Primo Water will release its second quarter financial results for the period ended June 29, 2024, before the markets open on August 8, 2024 [4]. - A conference call will be held on the same day at 10:00 a.m. Eastern Time, which will be webcasted and archived for later playback [5][6]. Business Operations - The company's revenue model includes three main business segments: Water Direct, Water Exchange, and Water Refill [5]. - Water Direct provides sustainable hydration solutions directly to customers, while Water Exchange allows customers to purchase pre-filled bottles and exchange empty ones at retail locations [5]. - Water Refill offers self-service refill stations available at approximately 23,500 locations across North America [5].
SHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger of Primo Water Corporation - PRMW
Prnewswire· 2024-07-12 00:52
Click here for more information https://monteverdelaw.com/case/primo-water-corporation-2/. It is free and there is no cost or obligation to you. 1. Do you file class actions and go to Court? 2. When was the last time you recovered money for shareholders? 3. What cases did you recover money in and how much? Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in tri ...
What Makes Primo (PRMW) a New Buy Stock
ZACKS· 2024-06-21 17:00
Investors might want to bet on Primo (PRMW) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. As such, the Zacks rating upgrade for Primo is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price. Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Primo imply an improvement ...
Shareholder Alert: Ademi LLP investigates whether Primo Water Corporation has obtained a Fair Price for its Public Shareholders
Prnewswire· 2024-06-18 16:19
MILWAUKEE, June 18, 2024 /PRNewswire/ -- Ademi LLP is investigating Primo Water (NYSE: PRMW) (TSX: PRMW) for possible breaches of fiduciary duty and other violations of law in its transaction with BlueTriton. Click here to learn how to join the https://www.ademilaw.com/case/primo-water-corporation-0 or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. In the transaction, Primo Water shareholders will exchange their shares into shares of a new holding company. Upon closing of ...
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Primo Water Corporation
Prnewswire· 2024-06-17 20:05
Core Viewpoint - Rowley Law PLLC is investigating potential securities law violations by Primo Water Corporation and its board of directors regarding the proposed acquisition by an affiliate of BlueTriton Brands, Inc. [3] Group 1: Acquisition Details - The proposed acquisition will result in Primo Water stockholders owning approximately 43% of the combined company [3] - The transaction is expected to close in the first half of 2025 [3] Group 2: Legal Representation - Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation [4]
Primo Water Stock Jumps After Announcing Merger With Poland Spring Parent
Investopedia· 2024-06-17 14:41
Key Takeaways Shares of bottled water company Primo Water (PRMW) jumped Monday after the company announced plans to merge with BlueTriton, which owns brands like Arrowhead, Deer Park, and Poland Spring. Primo also owns a number of bottled water brands like Mountain Valley and Crystal Springs, and sells other water-related products like water coolers and filters. Primo To Pay Special Dividend Prior To Closing The companies said the newly formed entity plans to continue paying Primo's previous quarterly divid ...
Primo Water and BlueTriton Agree to Merge, Creating a Leading North American Pure-Play Healthy Hydration Company
Prnewswire· 2024-06-17 10:00
Transformative all-stock transaction expected to present an estimated $200 million in run-rate cost synergies Increased presence, leading portfolio of iconic brands, diversified product offerings and enhanced distribution capabilities position the combined company for sustained long-term growth TAMPA, Fla. and STAMFORD, Conn., June 17, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) ("Primo Water") and an affiliate of BlueTriton Brands, Inc. ("BlueTriton") today announced the entry into ...