The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), the country’s largest independent alkaline water company, is reporting on the first year of its Direct-Store-Delivery (“DSD”) program. According to the announcement, WTER is expanding the program every week with new DSD partners, and the program has exceeded expectations. The company noted that its Alkaline88(R) brand is now carried in premium chains such as Circle, QT, Speedee Mart, Cobblestone, Get-N-Go, the Carioca Co., Pit Stop, Super Pumper, Fabulous Freddy’s, Lee’s Liquor and more. “Our limited market launch in Arizona, Nevada and the upper Midwest of our Direct-Store-Delivery partnership strategy has surpassed our forecasts and exceeded expectations in its first year,” said The Alkaline Water Company CEO and president Ricky Wright in the press release. “Our DSD partners have rapidly placed our Deliciously Smooth(TM) Alkaline88(R) water into thousands of convenience stores, ‘Up and Down the Street’ stores and grocery retailers. With the recent addition of Columbia distributors in the Northwest and Bill’s in Alaska, we expect fiscal 2023 to show significant growth in our DSD division. Our DSD partners continue to introduce Alkaline88 to new retailers every week. We have tremendous momentum to start our new fiscal year. The Nielsen data for the 13 weeks ending 3/26/22 for Total US Food show Alkaline88 to be the fastest-growing, top-10, value-added water. Adding two new DSD partners and introducing our brand into one of the country’s largest retailers is a great start to fiscal 2023. We expect to add thousands of new stores through this model in the next 12 months.”
To view the full press release, visit https://ibn.fm/zWiLZ
About The Alkaline Water Company
Founded in 2012, The Alkaline Water Company is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88(R), is a leading premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options. With its innovative, state-of-the-art, proprietary electrolysis process, Alkaline88(R) delivers perfect 8.8 pH-balanced alkaline drinking water with trace minerals and electrolytes and boasts the company’s trademarked Clean Beverage label. In 2021, The Alkaline Water Company was pleased to welcome Shaquille O’Neal to its board of advisors and as a celebrity brand ambassador for the Alkaline88. To learn more about the company, please visit www.Alkaline88.com and www.TheAlkalineWaterCo.com.
NOTE TO INVESTORS: The latest news and updates relating to WTER are available in the company’s newsroom at http://ibn.fm/WTER
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