Seeking Alpha

Shares of Primo Water (PRMW -25.9%) are getting clobbered today, despite posting a Q2 report...

Shares of Primo Water (PRMW -25.9%) are getting clobbered today, despite posting a Q2 report that was largely in-line with estimates. Total revenue jumped 20% Y/Y, driven by higher sales of its water dispenser units. However, the company says it's seeing slower than anticipated growth in its flavorstation business, and lowers numbers for both Q3 and FY12. It also says its planning a strategic review that may include selling the flavorstation business altogether.

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