Primo Water reports Q2 adjusted EPS 26c, consensus 34c

Reports Q2 revenue $485M, consensus $659.27M. “We continue to execute well against our clear and focused strategy. As a result, we are delivering accelerated topline growth which is balanced and broad based. Our growth and productivity initiatives are enabling margin expansion and delivering strong earnings growth. Since the beginning of this year our team embraced a new strategy that includes a focus on customer-centric initiatives, must win priorities, as well as a commercial and growth mindset leveraging our portfolio of hydration solutions,” said Robbert Rietbroek, Chief Executive Officer.