Primo Water Corporation: Initiation Of Coverage – What Is Their Growth Strategy & Where Does Their Biggest Competitive Advantage Lie?

Primo Water has experienced significant sales growth and has a compelling product portfolio in line with current consumer trends, with its purified drinking water seen as a healthier and more sustainable alternative to competitors’ offerings. This is evident in the company’s consistent sales growth, especially in their dispenser sales which increased by 53% and exchange sales which were up by almost 13%.