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Company Anticipates Product Placement in Over 30,000 Stores With Projected Revenues to Hit $18M by Fiscal Year End 2017
SCOTTSDALE, AZ--(Marketwired - Mar 24, 2016) - Alkaline Water Company Inc. (
With Alkaline88 now available in 35 of the top 75 grocery retailers nationwide, the Company felt it important to offer additional insights regarding its outlook for fiscal 2016-2017 and beyond. The presentation identifies primary drivers for the Company, which are graphically displayed and emphasize increased point of contact, sales, and distribution data. It also offers strategic insights into the Company's ability to service demand beyond the over 20,000 retail outlets in all 50 states which currently sell Alkaline88 to a consumer base that offers great potential for continued growth.
"As we complete our third year of operations, we are extremely proud and thankful for the acceptance of Alkaline88 by our distributors and retail customers. Not only are we in all 50 states but we remain one of the fastest growing beverage companies in the country." States Company President & CEO, Steven Nickolas. "The momentum we have created continues to grow and our sell-through to consumers is tremendous. We now anticipate being in over 30,000 stores nationwide and currently forecast sales of over $18M over the next twelve months."
"Most importantly, our recently completed financing has provided us the necessary capital to meet predicted demand. To meet expectations, we've made significant technology enhancements that have doubled our production capacity to support up to $4M in monthly sales revenue. This positions us to move from an estimated $7M in revenues for fiscal 2016, towards a 100 % year over year sales forecast."
"Our new presentation graphically displays important information that we believe helps people to better understand our business potential." Mr. Nickolas continues, "We look forward to continued progress in our quest to make Alkaline88 the #1 best-selling alkaline water in the country."
Additional details of the Company's business, finances, appointments and agreements can be found as part of the Company's continuous public disclosure as a reporting issuer with the Securities and Exchange Commission ("SEC") available at www.sec.gov. For more information, visit our website at www.thealkalinewaterco.com.
The Alkaline Water Company, Inc. (
About Alkaline Water Products
Alkaline88's premier alkaline water is an 8.8 pH balanced bottled alkaline drinking water enhanced with trace minerals and electrolytes. The product offers consumers the unique opportunity to purchase alkaline water in conveniently packaged 500ml, 700ml, 1-liter, 3-liter and 1-gallon sizes. The Alkaline Water Company Inc. is currently in the midst of a national mass-market expansion program, where the product is already available for consumer sales at a growing number of major retail locations across many parts of the United States. Learn more about the science behind alkaline water by visiting www.thealkalinewaterco.com.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements." Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, Such forward-looking statements include, among other things, the Company's estimated sales revenue of $7 million for fiscal year 2016, the Company's estimated sales revenue of $18 million for fiscal 2017; the Company's estimation that it will be cash flow neutral by fiscal Q1 ending June 30, 2016; the Company's expectation to be in over 30,000 stores by the end of fiscal 2017; the Company's intention to continue with its nationwide sales and marketing programs; the Company's commitment to become the #1 best-selling Alkaline water across the country; the Company's statement regarding the capacity to produce enough water to support up to $4 million a month in sales revenue; and the Company's projection of over 100% year over year sales increase. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with developing new products and operating as a development stage company, our ability to raise the additional funding we will need to continue to pursue our business and product development plans, competition in the industry in which we operate and market conditions. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by applicable law, including the securities laws of the United States. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the reports and other documents we file with the SEC, available at www.sec.gov.
The Alkaline Water Company Inc.
WTER Investor Relations,