PRMW Primo Water Dashboard

Primo Water Corporation is a leading pure-play water solutions provider in North America, Europeand Israeland generates approximately $2.1 billionin annual revenue. Primo operates largely under a recurring razor/razorblade revenue model. The razor in Primo's revenue model is its industry leading line-up of sleek and innovative water dispensers, which are sold through major retailers and online at various price points or leased to customers. The dispensers help increase household penetration which drives recurring purchases of Primo's razorblade offering. Primo's razorblade offering is comprised of Water Direct, Water Exchange, and Water Refill. Through its Water Direct business, Primo delivers sustainable hydration solutions across its 21-country footprint direct to the customer's door, whether at home or to commercial businesses. Through its Water Exchange and Water Refill businesses, Primo offers pre-filled and reusable containers at over 13,000 locations and water refill units at approximately 22,000 locations, respectively. Primo also offers water filtration units across its 21-country footprint representing a top five position. Primo's water solutions expand consumer access to purified, spring and mineral water to promote a healthier, more sustainable lifestyle while simultaneously reducing plastic waste and pollution. Primo is committed to its water stewardship standards and is proud to partner with the International Bottled Water Association (IBWA) in North Americaas well as with Watercoolers Europe (WE), which ensure strict adherence to safety, quality, sanitation and regulatory standards for the benefit of consumer protection. Primo is headquartered in Tampa, Florida(USA).

Company profile

Ticker

PRMW

Exchange

NYSE

Website

www.cott.com/

CEO

Thomas Harrington

Location

Florida

Fiscal year end

Jan 01

Sector

Manufacturing > Soft Drink Manufacturing

Industry (SIC)

Bottled & Canned Soft Drinks & Carbonated Waters

Coca-Cola Consolidated • Monster Beverage • National Beverage • Celsius • Reeds • MOJO Organics • China WuYi Mountain • Coca-Cola Europacific Partners • Coca-Cola Femsa S.A.B. DE C.V. • Embotelladora Andina S.A. - ADR ...

Former names

COTT CORP /CN/

SEC CIK

0000884713

Corporate docs

Articles of Incorporation & Bylaws

PRMW stock data

S&P 500

1M 1Y 2Y 5Y

News

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Primo Water Acquires Earth2O For Undisclosed Sum

19 Jul 21

A Look Into Primo Water's Debt

7 May 21

Over the past three months, shares of Primo Water (NYSE:PRMW) decreased by 4.26%. Before we understand the importance of debt, let us look at how much debt Primo Water has.

Primo Water Q1 EPS $0.06 Beats $0.05 Estimate, Sales $478.40M Beat $477.96M Estimate

6 May 21

Primo Water (NYSE:PRMW) reported quarterly earnings of $0.06 per share which beat the analyst consensus estimate of $0.05 by 20 percent. This is a 200 percent increase over earnings of $0.02 per share from the same

Earnings Scheduled For May 6, 2021

6 May 21

Press releases

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Primo Water Corporation to Present at the 41st Annual Canaccord Genuity Growth Conference

28 Jul 21

TAMPA, Fla., July 28, 2021 /CNW/ - Primo Water Corporation (NYSE:PRMW) (TSX:PRMW) (the "Company" or "Primo"), a leading provider of water direct to consumers and water filtration services in North America

Primo Water Corporation to Present at the 41st Annual Canaccord Genuity Growth Conference

28 Jul 21

TAMPA, Fla., July 28, 2021 /PRNewswire/ - Primo Water Corporation (NYSE:PRMW) (TSX:PRMW) (the "Company" or "Primo"), a leading provider of water direct to consumers and water filtration services in North

Primo Water Corporation Announces Acquisition of Earth2O, Adding Approximately 9,000 Customers

19 Jul 21

TAMPA, Fla., July 19, 2021 /CNW/ - Primo Water Corporation (NYSE:PRMW) (TSX:PRMW) (the "Company" or "Primo"), a leading provider of water direct to consumers and water filtration services in North America

Primo Water Corporation Announces Acquisition of Earth2O, Adding Approximately 9,000 Customers

19 Jul 21

Primo Water Corporation Announces Date for Second Quarter Earnings Release

6 Jul 21

Calendar

7 May 21

2 Aug 21

1 Jan 22

Financial summary

Financial statements Chart PRMW financial data

Quarter (USD)	Apr 21	Jan 21	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jan 21	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Primo Water earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	102.2M	102.2M	102.2M	102.2M	102.2M	102.2M
Cash burn (monthly)	4.3M	833.33K	(positive/no burn)	2.93M	(positive/no burn)	(positive/no burn)
Cash used (since last report)	17.15M	3.32M	n/a	11.66M	n/a	n/a
Cash remaining	85.05M	98.88M	n/a	90.54M	n/a	n/a
Runway (months of cash)	19.8	118.7	n/a	31.0	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

PRMW insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
25 Jun 21	Kitching Steven	Common Shares	Payment of exercise	Dispose F	No	No	16.8	3,444	57.86K	167,099
25 Jun 21	Kitching Steven	Common Shares	Grant	Aquire A	No	No	16.8	7,326	123.08K	170,543
11 Jun 21	Fowden Jeremy S G	Common Shares	Sell	Dispose S	No	Yes	17.7	9,476	167.73K	1,359,290
11 Jun 21	Fowden Jeremy S G	Common Shares	Option exercise	Aquire M	No	No	11.22	9,476	106.32K	1,368,766
11 Jun 21	Fowden Jeremy S G	Stock Option Common Shares	Option exercise	Dispose M	No	No	11.22	9,476	106.32K	417,966
10 Jun 21	Fowden Jeremy S G	Common Shares	Sell	Dispose S	No	Yes	17.62	37,419	659.32K	1,359,290
10 Jun 21	Fowden Jeremy S G	Common Shares	Option exercise	Aquire M	No	No	10.4	37,419	389.16K	1,396,709
10 Jun 21	Fowden Jeremy S G	Stock Option Common Shares	Option exercise	Dispose M	No	No	10.4	37,419	389.16K	0
27 May 21	Fowden Jeremy S G	Common Shares	Sell	Dispose S	No	Yes	17.61	897	15.8K	1,359,290
27 May 21	Fowden Jeremy S G	Common Shares	Option exercise	Aquire M	No	No	10.4	897	9.33K	1,360,187

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

PRMW institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

13F holders	Current	Prev Q	Change
Total holders	0	2	EXIT
Opened positions	0	2	EXIT
Closed positions	2	1	+100.0%
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	0	157.73M	EXIT
Total shares	0	10.16M	EXIT
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change

Largest transactions	Shares	Bought/sold	Change
P2 Capital Partners	0	-8M	EXIT
Levin Easterly Partners	0	-2.15M	EXIT
Alliancebernstein	0	0

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Farmer Brothers • Primo Water • Keurig Dr Pepper

Management Discussion

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
This Management’s Discussion and Analysis of Financial Condition and Results of Operations is intended to further the reader’s understanding of the consolidated financial condition and results of operations of our Company. It should be read in conjunction with the financial statements included in this Quarterly Report on Form 10-Q and our Annual Report on Form 10-K for the fiscal year ended January 2, 2021 (our “2020 Annual Report”). These historical financial statements may not be indicative of our future performance. This discussion contains a number of forward-looking statements, all of which are based on our current expectations and could be affected by the uncertainties and risks referred to under “Risk Factors” in Part I, Item 1A in our 2020 Annual Report. As used herein, “Primo,” “the Company,” “Primo Water Corporation,” “we,” “us,” or “our” refers to Primo Water Corporation, together with its consolidated subsidiaries.
Primo is a leading pure-play water solutions provider in North America, Europe and Israel. Primo operates largely under a recurring razor/razorblade revenue model. The razor in Primo’s revenue model is its industry leading line-up of sleek and innovative water dispensers, which are sold through major retailers and online at various price points or leased to customers. The dispensers help increase household penetration, which drives recurring purchases of Primo’s razorblade offering. Primo’s razorblade offering is comprised of Water Direct, Water Exchange, and Water Refill. Through its Water Direct business, Primo delivers sustainable hydration solutions across its 21-country footprint direct to the customer’s door, whether at home or to commercial businesses. Through its Water Exchange and Water Refill businesses, Primo offers pre-filled and reusable containers at over 13,000 locations and water refill units at approximately 22,000 locations, respectively. Primo also offers water filtration units across its 21-country footprint representing a top five position.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. junior Avg

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From filing 10-Q 2021 Q1