Primo Water Corporation (PRMW), Tuesday reported second-quarter net loss of $26.3 million or $1.11 per share, compared to $2.0 million or $0.10 per share in the same period last year.
Adjusted net loss for the quarter was $0.7 million or $0.03 per share, compared to $0.3 million or $0.01 per share last year.
Total net sales for the quarter grew 20.6 percent to $25.0 million from $20.7 million last year, reflecting growth in both water and dispenser sales.
The company now expects full year 2012 net sales to increase to a range of $94.0 million to $100.0 million. The company now expects full year loss of $1.37 to $1.44 per share, and adjusted loss of $0.14 to $0.18 per share.
The company expects third quarter net sales of $26.0 million to $28.0 million, loss of $0.05 to $0.08 per share and adjusted loss of $0.02 to $0.04 per share.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.