QUOTE AND NEWS
SeekingAlpha  Aug 18  Comment 
By Marshall Hargrave: Primo Water (NASDAQ:PRMW) posted 2Q earnings that were a loss of $0.02 a share (compared to consensus of a $0.03 loss) and revenues were $26.9 million (versus $25.3 million consensus). Sales were up 12.6% y/y for the quarter...
SeekingAlpha  Aug 6  Comment 
Primo Water (NASDAQ:PRMW) Q2 2014 Earnings Call August 05, 2014 4:30 pm ET Executives Katie M. Turner - Managing Director Billy D. Prim - Founder, Chairman and Chief Executive Officer Matthew T. Sheehan - President and Chief...
SeekingAlpha  Aug 5  Comment 
The following audio is from a conference call that will begin on August 05, 2014 at 16:30 PM ET. The audio will stream live while the call is active, and can be replayed upon its completion. Listen now Complete Story »
SeekingAlpha  Jun 10  Comment 
ByMarshall Hargrave: Primo Water (PRMW) has a straightforward business model. It sells three and five gallon bottles of purified water, as well as the dispensers. Its sells its bottles and dispensers across the U.S. via various retailers. Primo...
SeekingAlpha  Mar 12  Comment 
Primo Water Corporation (PRMW) Q4 2013 Earnings Conference Call March 11, 2014 16:30 ET Executives Billy Prim - Chairman and Chief Executive Officer Mark Castaneda - Chief Financial Officer Matt Sheehan - President and Chief...
StreetInsider.com  Mar 11  Comment 
OXiGENE Inc. 124.5% HIGHER; announced positive results from a randomized Phase 2 clinical trial evaluating Avastin® (bevacizumab) with or without ZYBRESTAT (fosbretabulin; CA4P) to treat patients with recurrent ovarian cancer. The study, known as...
SeekingAlpha  Mar 11  Comment 
Complete Story »
StreetInsider.com  Mar 11  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/Primo+Water+Corp.+%28PRMW%29+Misses+Q3+EPS+by+1c/9270526.html for the full story.
Benzinga  Nov 13  Comment 
DS Waters of America announced that it has entered into a strategic alliance agreement with Primo Water Corporation.  DS Waters will become the primary bottling and distribution partner in the U.S. for Primo® bottled water services in all...
Benzinga  Aug 15  Comment 
Primo Water Corporation (Nasdaq: PRMW), a leading provider of multi-gallon purified bottled water, self-serve filtered drinking water and water dispensers, today announced that on August 14, 2013, the United States District Court for the Middle...




 
TOP CONTRIBUTORS

Primo Water (NASDAQ:PRMW) makes and sells three- and five-gallon purified water containers and dispensers. These products are sold through major retailers across the United States. The company's business model encourages individuals to purchase the water dispenser and then to continually purchase refills for the water. Empty bottles can be exchanged at refilling centers for a voucher which gives a coupon to purchase another bottle. These empty bottles can be sanitized and reused up to 40 times. The company has approximately 7,200 exchange locations and 5,500 water dispenser locations.[1]

The company has entered into an agreement to purchase Culligan Store Sollutions LLC and Culligan of Canada. The company has a number of assets in reverse osmosis water filtration systems. In addition the company sells empty reusable water bottles that can be used at refilling machines. The total purchase price will be $105M and will consist of $60M in cash and $45M in common stock.[2]

The company's initial public offering of stock on the NASDAQ occurred on November 4, 2010. The company offered 8.3M shares each for $12. This was within the initial price range of $11-$13. The IPO raised a total of $100M. The lead underwriters of the deal were Nicolaus Weisel and BB&T Capital Markets.[3]

The company's total revenue has increased over the past 3 years. Its 2009 net revenue figure was $47M, which was a 34% increase over its 2008 figure of $35M. Despite this rise in revenue, the company has continued to generate a net loss. In 2009, the company reported -$11.8M. This was a decrease in the loss from its 2008 figure of -$19M.[4]

References

  1. PRMW S-1/A Oct 2010 Prospectus Summary "Our Business" pg 1
  2. PRMW S-1/A Oct 2010 Prospectus Summary "Culligan Refill Acquisition" pg 2
  3. Renaissance Capital - IPO Home "Primo Water Corporation prices IPO at $12, the midpoint of the range" 4 Nov 2010
  4. PRMW S-1/A Oct 2010 Prospectus Summary "SUMMARY HISTORICAL AND PRO FORMA CONSOLIDATED FINANCIAL AND OTHER DATA" pg 13
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