The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), the country’s largest independent alkaline water company, has reported its second-quarter numbers for fiscal year 2021 as well as operational milestones. Highlights of the report include $15.25 million in revenue, which is the highest reported revenue in company history, as well as becoming the seventh largest value-added water brand by dollar volume for the four-week period ending Oct. 9, 2021, according to Nielsen Total US Food data. In addition, the company launched its innovative A88CBD(TM) functional waters powered by Vessl(R) and produced its first omnichannel marketing campaign assets with advisory board member and brand ambassador, Shaquille O’Neal. “I’m pleased to announce that the second quarter’s revenue was the highest in the history of the company,” said The Alkaline Water Company president and CEO Richard A. Wright in the press release. “Our reported revenue of $15.25 million represents over 50% growth compared to the second quarter of last fiscal year. It is our 34th straight comparable quarter of record sales. The growth of our brand, product offerings, consumer base, and our expanding retail presence throughout the country have allowed us to exceed our revenue growth targets of between 35º50%. This momentum continues to carry over into our third quarter fiscal 2022, and we reiterate our guidance of $62 million for the year.”
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About The Alkaline Water Company
Founded in 2012, The Alkaline Water Company is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88(R), is a leading premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options. With its innovative, state-of-the-art proprietary electrolysis process, Alkaline88(R) delivers perfect 8.8 pH balanced alkaline drinking water with trace minerals and electrolytes and boasts the company’s trademarked Clean Beverage label. Quickly recognized as a growing lifestyle brand, The Alkaline Water Company created the A88 Infused Beverage Division in 2018 to meet consumer demand for flavor-infused products under the A88 Infused(TM) brand. A88 Infused flavored water is available in six unique all-natural flavors, with new flavors coming soon. In 2021, The Alkaline Water Company was pleased to welcome Shaquille O’Neal to its board of advisors and as a celebrity brand ambassador for the Alkaline88 and A88 Infused brands. To learn more about the company, please visit www.Alkaline88.com and www.TheAlkalineWaterCo.com.
NOTE TO INVESTORS: The latest news and updates relating to WTER are available in the company’s newsroom at http://ibn.fm/WTER
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