Leadership Transition
Eric Foss appointed as Chairman and CEO, bringing experience in global consumer businesses and a people-first leadership philosophy.
Premium Water Portfolio Growth
Premium net sales increased more than 44% year-over-year, driven by Mountain Valley and Saratoga brands.
Improvement in Service Levels
Direct delivery service rate improved to approximately 95%, consistent with historical levels.
Market Share Gains
Increased both volume and dollar market share by 15 basis points and 25 basis points respectively, in the U.S. retail branded bottled water category.
Strong Liquidity Position
Total liquidity of approximately $1 billion, with $423 million in unrestricted cash and $612 million available under revolving credit facility.