Primo Water (TSE:PRMW) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Primo Water Corporation reported a strong second quarter in 2024 with a 7.6% increase in revenue to $485 million, highlighting a significant contribution from organic growth and operational efficiencies that improved their gross margin to 65.6%. The company also raised its full-year outlook, reflecting continued confidence in its growth strategy and upcoming merger with BlueTriton Brands, which aims to enhance customer service and fulfill hydration needs more effectively.
For further insights into TSE:PRMW stock, check out TipRanks’ Stock Analysis page.