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Alkaline88 The Alkaline Water Company Reports Record Fiscal Third Quarter Revenue of $ 10.2 Million February 16 , 2021 SCOTTSDALE , Ariz .-- ( BUSINESS WIRE ) -- The Alkaline Water Company Inc. ( NASDAQ and CSE : WTER ) ( the “ Company ” ) is a producer of bottled alkaline drinking water , flavor - infused waters , and CBD infused products sold under the brand name Alkaline88® , A88 ™ , and A88CBDTM , respectively . Today , the Company announces that revenue increased $ 1.7 million year - over - year to $ 10.2 million for the fiscal third quarter ended December 31 , 2020 . Key Highlights : Fiscal 2021 third record revenue of $ 10.2 million increased 20 % year - over year . • Fiscal 2021 third - quarter earnings per share of ( $ 0.06 ) improved by 14.3 % compared to the prior - year quarter , of which ( $ 0.01 ) was related to non - cash expenses . • Direct Store Delivery ( DSD ) network now reaches over 10,000 customers . • A88CBDTM line expands national distribution network with KeHE , UNFI , BettermentRS , and broker C.A. Fortune . " We are proud to announce that we delivered record fiscal third quarter revenue of $ 10.2 million . Our E - Commerce , A88CBD , single - serve offerings , eco - friendly aluminum bottles , and flavor - infused waters all contributed toward the record . Each business line continues to grow , and we expect a significant contribution from them over the next 12 months , " stated Ricky Wright , President and CEO of The Alkaline Water Company . " We are excited that the momentum we gained over the summer in our flagship brand Alkaline88 continues . Based on 13 week Nielsen scanner data ending 12/26/20 , we continue to be the fastest - growing top 10 value - added water in the country . We outperform the category volume growth by almost 2 times and the unit growth by over 5 times . We are now the 8th largest vendor in the category . We see continued strength in the 1/23/21 Nielsen scanner data as well . " " We believe that the strategic actions we have taken this year position us for strong growth and anticipate solid returns from the investments we are making in the coming fiscal year . Since the end of the quarter , we are working tirelessly on several initiatives . These include expanding our DSD strategy in strategic regions . The expansion plans should allow us to reach an additional 40,000 to 80,000 customers in the all - important convenience store channels . Based on the changing shopping habits of consumers , we have allocated additional resources to our E - Commerce and digital marketing strategies both in the water and CBD categories . We have tested and will expand on programs that have shown extraordinary ROI's in our test markets . By expanding our outlays to these water and CBD initiatives , we expect to drive a significant amount of sales through both our E - Commerce sites in fiscal 2022. Our products will also be supported by our first - ever traditional marketing campaign led by the Davis Elen agency . "