Beverage Stocks; True Drinks (OTC PINK: $TRUU), PepsiCo (NYSE: $PEP) Featured in “Healthy” Stocks to Watch In 2017
Company Provides Update on Convenience Store Channel for AquaBall Naturally Flavored Water
IRVINE, CA—True Drinks, Inc. (OTC PINK: TRUU), makers of AquaBall™ Naturally Flavored Water, the healthiest children’s beverage on the market with no sugar, preservatives, calories, or artificial flavors, provides an update on the development of its distribution in the convenience store channel.
The company was also featured in a recent article /blog entitled “Healthy” Stocks To Watch In 2017.
Jan. 10, 2017
David Kugelman’s Blog
micro-cap, special situations, long/short equity, growth
Next month, PepsiCo (NYSE: PEP) will be launching LIFEWTR, a premium bottled water product that is part of the company’s “Performance with Purpose” initiative launched back in October. The move is a smart one as for the first-time sales of bottled water is expected to surpass soda.
The trend is good for the entire industry, especially independent companies that are focused on the “better-for-you” category that more and more consumers are seeking, opening up investors eyes to “healthy” growth stocks.
Just this week, Diabetes Daily blogger Sysy Morales posted a review of True Drinks’ (OTC: OTCPK:TRUU) AquaBall, an all-natural, sugar-free water aimed at kids. Morales writes that her 7-year old twins “don’t drink juice much because juice has too much sugar and luckily for me they think fizzy drinks burn their tongue so they don’t drink soda.” She goes on to write that the kids loved the flavor of AquaBall, which announced Monday that a newly formulated preservative-free bottle has been authorized in some 7000 convenience store locations across the U.S. With annual sales of packaged beverage in convenience stores over $34 billion in 2015, True Drinks as currently the only zero sugar beverage for kids we found on the market can be something to watch in 2017.
Company news continued:
In June 2016, True Drinks introduced a new preservative-free formulation of AquaBall. Along with the change to a preservative-free formula which came with a change to a hot-fill bottling process, the AquaBall bottle was also changed. The new bottle was designed around feedback from both consumers and retailers. For our consumers, the new bottle now fits easily into cup holders, is easier for children to handle, and has a wider mouth and cap. For our retailers, our new bottle now fits into standard glide racks which has opened AquaBall up to the convenience store channel. With our prior bottle, AquaBall had very limited appeal in this channel. Since the introduction of the new bottle, AquaBall has now been authorized in over 7,000 convenience store locations with more to come in 2017.
According to NACS Online, as of December 31, 2015, there were a total of 154,195 convenience stores with 63.1% (97,359) of these stores being single-store operators. Total sales of packaged beverages in these stores were over $34 billion in 2015.
Jeff Culbertson, Executive Vice President of Sales of True Drinks, commented, “We are very pleased with our early progress in the convenience store channel. To date, we have secured placement in over 7,000 convenience store locations, and we look to dramatically increase this figure throughout 2017. We feel that we can take a significant percentage of kids’ beverage sales as our distribution of AquaBall increases, not just with large national and regional chains, but also with single-store operators serviced by our extensive DSD Network.”
Kevin Sherman, CEO of True Drinks, added, “The convenience channel is paying more attention than ever to the healthy consumer on the go. That very consumer is not only looking for healthier options for themselves, but for their children, as well. AquaBall provides parents a smart and quick means of hydration on the go. We are confident that we will take significant market share away from juice and other sugary beverages marketed to children in the convenience channel.”
Read this release in full at http://www.investorideas.com/news/2017/beverage/01111TRUU.asp
About True Drinks, Inc.
True Drinks is a healthy beverage provider with licensing agreements with Disney and Marvel for use of their characters on its proprietary, patented bottles. AquaBall™ is a naturally flavored, vitamin-enhanced, zero- calorie, dye-free, sugar-free alternative to juice and soda. AquaBall™ is currently available in four flavors: orange, grape, fruit punch and berry. Their target consumers: kids, young adults, and their guardians, are attracted to the product by the entertainment and media characters on the bottle and continue to consume the beverage because of its healthy benefits and great taste. For more information, please visit www.aquaballdrink.com and www.truedrinks.com. Investor information can be found at www.truedrinks.com/investor-relations/. Proudly made in the USA.
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “if,” “should” and “will” and similar expressions as they relate to True Drinks, Inc. are intended to identify such forward-looking statements. True Drinks, Inc. may from time to time update these publicly announced projections, but it is not obligated to do so. Any projections of future results of operations or the anticipated benefits of the merger and other aspects of the proposed merger should not be construed in any manner as a guarantee that such results or other events will in fact occur. These projections are subject to change and could differ materially from final reported results. For a discussion of such risks and uncertainties, see “Risk Factors” in True Drink’s report on Form 10-K filed with the Securities and Exchange Commission and its other filings under the Securities Exchange Act of 1934, as amended. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the dates on which they are made.
True Drinks, Inc.
18662 MacArthur Blvd., Ste. 110
Irvine, CA 92612
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