Alkaline Water Co. announces plan for $4.5M-$5M annual cost savings, pathway to profitability

ALKALINE WATER Co INC

Identified $4.5M-$5M in annual expense reductions and margin enhancements to be implemented over 12 months.
Cost-saving measures include adding strategic copacking partners to lower freight costs and expand capacity.
Eliminating redundancies in third-party services and evaluating overall company structure for efficiency.
Details to be shared on full-year fiscal 2022 earnings call scheduled for July 14, 2022 after market close.
CEO Frank Lazaran reiterates commitment to driving sales growth while improving bottom line and shareholder value.

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