Alkaline88 ? WTER?s flagship brand - one of the fastest growing products in the value-added water space, reported a 164% increase in sales year-over-year (YoY) to $1.5M for the quarter ended June 30, 2015. This jump was due, in part, to expanded distribution of Alkaline88 across the US to an estimated 17,500 retail locations. Distribution is expected to top 25,000 stores by March 31, 2016. Figure 5 (below) shows the correlation between store expansion and sales growth for WTER.
Figure 6: Three Consecutive Years Of Triple-Digit Growth Suggest Growing Demand For Alkaline88 WTER recently completed a successful road show with Costco in Northern California. Logic follows that as the top-selling alkaline water brand in Southern California, Costco took an interest in expanding the product?s geographic reach. Our thinking goes that successful sell-through at a handful of Costco locations will translate to this national retail chain (and others) eventually filling orders for all of their 483 U.S. stores. Certainly this would indicate strong sell-through and a bright future for WTER?s Alkaline88.