Primo Water’s Robust Q2 Results and Optimistic Full-Year Outlook

Primo Water (TSE:PRMW) has released an update.

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.

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