What to Expect From Primo Water Corporation’s Q4 Results?
<p>Analysts at Deutsche Bank provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/PRMW'>Primo Water Corporation (NYSE:PRMW) </a>ahead of the company’s Q4 results, expected to be reported on Feb 24.</p>
<p>According to the analysts, the company’s share price decline of around 17% since its investor day in mid-November is a result of persistent inflationary headwinds and deteriorating operating conditions from disruption caused by the Omicron variant in late November/December. </p>
<p>While October trends began the quarter strong from a top-line perspective, the analysts believe that renewed COVID-19 infections in late November into December likely weighed on the company's ability to fully service consumer demand. </p>
<p>The analysts expect higher costs from inflationary headwinds both in COGS (resins/packaging; shipping; manufacturing overheads) and in SG&A (outbound shipping, temporary labor, incentives) pose a downside risk to management's Q4 EBITDA guidance and to consensus estimates. </p>

NYSE:PRMW