Boreal Water Collection Inc. (BRWC) Growth Continues Through Third Quarter 2014
Boreal Water Collection, a private label bottled water company based in Kiamesha, New York, announced that it has exceeded sales projections for Q3 2014. Company revenues for the quarter ending September 30, 2014 were $652,505; an increase of $80,771 or 14.2% compared to the prior year. Costs of sales were 78% and 86% and the gross profit percentages were 22% and 14%, respectively. The gross profit increase of 57% is a result of a sales strategy aimed at boosting sales of the Boreal brands to new customers and existing customers, selective price increases, and improvements in its distribution network. Other…