other material
confidence high
sentiment positive
materiality 0.60
Alkaline Water identifies additional $2M in annual savings; total $7M
ALKALINE WATER Co INC
- Identified $2M more in expense reductions and margin enhancements, bringing total identified annual savings to $7M once fully implemented.
- Since April 1, added over 8,400 new retail locations and expanded SKUs in over 14,000 existing client locations.
- Nearing fiscal 2023 goals of adding 10,000 new stores and expanding SKUs in 15,000 existing retailers.
- CEO cites strong urgency and discipline to achieve sustainable profitable growth.