TORONTO–(BUSINESS WIRE)–Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) (“Flow” or the “Company”) today announced the launch of a 1 liter format for two of its best-selling flavors, Strawberry Rose and Peach Blueberry. The new product formats were launched as part of a national rollout through the Sprouts Farmers Market (“Sprouts”) sites and directly to consumers in the United States and Canada at flowhydration.com.
Flow CEO Nicholas Reichenbach said:The launch of these two new SKUs is a direct result of the feedback we received from our customers for larger sizes of their favorite Flow flavors. We have been working with Sprouts since 2019 and are very pleased that they are playing a leading role in the retail launch of these new product formats.
Sprouts is where goodness grows. True to its farmhouse heritage, Sprouts offers a unique grocery experience with an open layout with fresh produce in the heart of the store. Sprouts naturally inspires wellness with a carefully selected assortment of better-for-you products paired with motivated people. The Wholesome Grocer continues to bring the latest healthy and innovative products made with lifestyle-friendly ingredients such as organic, plant-based and gluten-free ingredients. Headquartered in Phoenix and one of the largest and fastest growing fresh, natural and organic specialty food retailers in the United States, Sprouts employs approximately 31,000 team members and operates approximately 380 stores in 23 states. from the country. To learn more about Sprouts and the good it brings to communities, visit about.sprouts.com.
About the stream
Flow is one of the fastest growing premium water companies in North America. Founded in 2014, Flow’s mission since day one has been to reduce environmental impacts by providing sustainably sourced naturally alkaline spring water in a sustainable, plant-based packaging that is 100% recyclable and up to 75% renewable. Today, the brand is B-Corp certified with a score of 126.5, the best in its category, offering a diverse range of beverages focused on health and well-being: original naturally alkaline spring water, organic flavors award-winning and collagen-infused flavors. in sizes ranging from 330 ml to 1 litre. All products contain naturally occurring essential electrolytes and minerals and support Flow’s overall goal of “bring well-being to the world through the positive power of water. Flow beverages are available online at flowhydration.com and are sold in over 35,600 stores across North America.
For more information about Flow, please visit Flow’s Investor Relations site at: investor.flowhydration.com.
This press release may contain “forward-looking statements” within the meaning of applicable Canadian securities laws. These forward-looking statements include, but are not limited to, information regarding our goals and strategies to achieve those goals, as well as information regarding our beliefs, plans, expectations, anticipations, estimates and intentions. Forward-looking statements are generally identified by the use of words such as “may”, “should”, “should”, “could”, “expect”, “intend”, “estimate”, ” anticipate”, “plan”, “expect”, “believe” or “continue”, although not all forward-looking statements contain these words. Forward-looking statements are provided for the purpose of helping the reader understand Flow and its business, operations, prospects and risks at any given time in the context of possible historical and future developments, and the reader is therefore cautioned that such information may not be suitable for other purposes. Forward-looking statements are based on assumptions and are subject to a number of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those disclosed or under -understood by these forward-looking statements. These risks and uncertainties include the following: the impact and spread of COVID-19; ability to achieve and manage growth; inability to develop sales capabilities; changes in consumer preferences; criticism of packaged water; maintain brand image and product quality; limited or unavailable spring water sources; inability to package products; increased competition; accurately estimate demand; maintain relationships with distributors and vendors; the changing retail landscape; improper product design or development; misrepresentation of product information; revenue derived entirely from packaged beverages; increases in costs or shortages of materials; fluctuation in quarterly operating results; no guarantee of profitability; foreign currency fluctuations; changes in government regulations; contamination or recalls of ingredients or finished products; loss of intellectual property rights; dispute; future tax rates; catastrophic events; climate change; seasonal trade; dependence on key information systems and third party service providers; ability to securely store confidential information; maintain and upgrade information technology systems; conflict of interest; two-class share structure; potential stock price volatility; no guarantee of active market for shares; lack of dividends; global financial situation; publication of inaccurate or unfavorable research and reports; operating history; and management and conflicts of interest. Accordingly, all forward-looking statements contained herein are qualified by the foregoing cautionary statements, and there can be no assurance that the results or developments anticipated by us will be realized or, even if substantially realized, that they will have the expected consequences. or effects on our business, financial condition or results of operations. Unless otherwise stated or the context indicates otherwise, the forward-looking statements contained herein are provided as of the date hereof, and we undertake no obligation to update or modify any such forward-looking statements, whether as a result of new information, future events or otherwise. , except as required by applicable law.