The Alkaline Water Company Inc. (NASDAQ: WTER) shares were fairly flat Wednesday on news the country’s largest independent alkaline water company and the Clean Beverage® company, announced today that its Alkaline88® one-gallon, the best-selling bulk-size enhanced water product in the country, will now be available in 589 Sam’s Clubs across the country in a four-pack “Club Pack”. The Club Pack was designed exclusively for Sam’s Club’s over 40 million members.
“The Alkaline88 1 gallon has always distinguished itself due to its size, packaging and Deliciously Smooth™ taste,” said Ricky Wright, President and CEO of The Alkaline Water Company. “We believe the four-unit Club Pack we’ve designed for Sam’s Club will be a hit with members looking for premium water in a value package.
“This is another huge win for the Alkaline Water Company and our shareholders,” continued Mr. Wright. “The Club Pack is the first time that our 1 gallon will be sold as a 4 pack. It was designed exclusively for Sam’s Club’s over 40 million members and will be available to them in early May. With the kind of sales velocity we’ve experienced in the grocery channel over the years, we expect the Alkaline88® Club Pack will soon become a member favorite at Sam’s Club.
Alkaline Water is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88, is a leading premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options.
WTER shares lost a penny, or 1.5%, to 82 cents.