Alkaline Water Co. identifies ~$15M in cost savings and margin enhancements

ALKALINE WATER Co INC

Up to $10M savings and margin improvement in FY2023; additional $5M by FY2024.
July 2022 sales up ~30% YoY; best July for revenue ever.
Measures include restructuring, packaging changes, freight optimization, and reduced G&A/marketing spend.
CEO Frank Lazaran says company on path to profitability with reduced cash burn.

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