Primo Water Corporation

PRMW

Market cap $2.24B

Company will trade on the NYSE under the symbol "PRMB" on November 11, 2024 Declares Quarterly Dividend TAMPA, Fla. and STAMFORD, Conn.

Primo Water Corporation (NYSE:PRMW ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Jon Kathol - Vice President of Investor Relations Robbert Rietbroek - Chief Executive Officer David Hass - Chief Financial Officer Conference Call Participants Daniel Moore - CJS Securities John Anderson - William Blair Andrea Teixeira - J. P. Morgan Derek Lessard - TD Securities Operator Good morning.

Primo (PRMW) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.33 per share a year ago.

Revenue of $511 million, increased 8.8%, including 7.4% contribution from organic growth Gross margin of 64.7%, increased 20 bps, and net income increased to $38 million Adjusted EBITDA of $125 million, increased 11.4%, and Adjusted EBITDA margin of 24.4%, increased 60 bps Expected to begin trading on November 11th as Primo Brands (NYSE:PRMB) TAMPA, FL , Nov. 7, 2024 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America, today announced its results for the third quarter ended September 28, 2024. "Once again, we had a fantastic quarter, exceeding revenue and volume expectations across our core water channels.

Closing expected to occur on or about Friday, November 8, 2024 Combined company name announced as "Primo Brands Corporation" Trading on the NYSE as "PRMB" expected on November 11 TAMPA, Fla. and STAMFORD, Conn.

TAMPA, Fla. and STAMFORD, Conn.

PRMW continues to increase shareholder value as its board of directors approves a special quarterly dividend hike.

TAMPA, Fla. and STAMFORD, Conn.

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Primo Water Corporation (NYSE: PRMW) (the “Company”) and an affiliate of BlueTriton Brands, Inc. Upon completion of the proposed transaction, Primo Water shareholders and holders of incentive equity are expected to own 43% of the fully diluted shares of the combined company. KSF is seeking to determine wheth.

TAMPA, Fla. and STAMFORD, Conn.