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

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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.

For further insights into TSE:PRMW stock, check out TipRanks’ Stock Analysis page.

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