Clearly Canadian (OTCBB – CCBEF)
Stock Guru Profile – Clearly Canadian
Being nimble, recognizing trends and adapting to them is what Clearly Canadian is all about. Their new 1-liter bottle ready for grocery store distribution matches precisely the trends developing in the sales of bottled waters. Grocery Headquarters’ annual studyis developed with the help of Information Resources, Inc. shows an increase in bottled water sales.
This report noted consumers are willing to spend more on products that they perceive to serve a need for them. In sales through the supermarket channel alone the $3.4 billion bottled water category posted a big 17.4% increase in dollars and a significant 8.3% jump in unit volume. Clearly Canadian is reponding to this trend with its new 1-Liter bottles.
This trend fills in the gap left by carbonated beverages. The report also indicated carbonated beverages posted drops in unit sales at supermarkets in the 52 weeks ended Jan. 22. The 1-Liter Clearly Canadian sparkling flavoured waters will be available in Original (strawberry and blackberry) and Zero Calorie (pink grapefruit and blueberry) flavours.
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Additional information about Clearly Canadian may be obtained at http://www.clearly.ca/.
SOURCE: Grocery Headquaters
Business Wire and
Clearly Canadian Beverage Corporation
Investor Relations contact:
Steve Cook, 800-983-0993
investor@clearly.ca
or
Marketing contact:
604-742-5314
smanson@clearly.ca
Forward Looking Statements Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as expects, intends, plans, may, could, should, anticipates, likely, believes, estimates, potential, predicts, continue and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management, including, but not limited to, the Company’s belief that a strong financial foundation could accelerate its efforts towards broadening distribution, increasing availability of its product lines, exploring all profitable alternatives related to its brand name, developing new business and product lines and implementing its stated strategic initiatives. These assumptions are subject to many risks, and actual results may differ materially from those currently anticipated. These risks include, by way of example and not in limitation, general economic conditions, changing beverage consumption trends of consumers, the Company’s ability to generate sufficient cash flows to support general operating activities and capital expansion plans, competition, pricing and availability of raw materials, the Company’s ability to maintain the current and future retail listings for its beverage products and to maintain favorable supply, production and distribution arrangements, laws and regulations and changes thereto that may affect the way the Company’s products are manufactured, distributed and sold and other factors beyond the reasonable control of the Company. Additional information on factors that may affect the business and financial results of the Company can be found in filings of the Company with the U.S. Securities and Exchange Commission and with the British Columbia and Ontario Securities Commissions.