Who Won in the COVID-19 Lockdowns? Beverage Makers
NetworkNewsWire Editorial Coverage: The downside of the coronavirus pandemic and how crippling it was to certain industries has been well documented, but it should not be overlooked that some companies benefited from lockdowns and a focus on healthier habits. Beverage makers, particularly those emphasizing health and alternatives to carbonated sodas, saw a spike in sales as consumers stocked up bottled water, sports drinks and more. Higher demand created an exceptionally attractive market climate and rising revenue for The Alkaline Water Company Inc. (NASDAQ: WTER)(CSE: WTER) (Profile), the U.S.’s largest independent alkaline water company, and its Alkaline88(R) brand. Bigger peers lent further…