other material
confidence high
sentiment positive
materiality 0.70
Alkaline Water Company projects $20M in cost savings, expects record Q2 revenue of $19.6M
ALKALINE WATER Co INC
- Identified additional $5M in savings, total now ~$20M vs FY2022, to be fully implemented through FY2024.
- Expected record Q2 FY2023 revenue of approximately $19.6 million; 10-Q to be filed November 14, 2022.
- Company cites ongoing efficiency measures and strong sales momentum in pursuit of profitability.