The alkaline water company now projects $20 million in total cost savings and margin enhancements in its pathway to profitability

Scottsdale, ariz.--( business wire )--the alkaline water company inc. (nasdaq and cse: wter) (the “company”), the country's largest independent alkaline water company and the clean beverage® company, provided an update today on its pathway to profitability, announcing another $5 million in potential costs savings and margin enhancements. total estimated savings, once fully implemented throughout fiscal years 2023 and 2024, are now approximately $20 million compared to fiscal year 2022. this morning, the company also announced that it expects to report record revenue of approximately $19.6 million when it files its 10-q for its second quarter fiscal 2023 next monday, november 14th, 2022, after market close.
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