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BellRing Brands, Inc. - BRBR STOCK NEWS

Welcome to our dedicated page for BellRing Brands news (Ticker: BRBR), a resource for investors and traders seeking the latest updates and insights on BellRing Brands stock.

BellRing Brands, Inc. (NYSE: BRBR) is a prominent manufacturer and seller of nutrition products in the United States and internationally. Founded in 2019 and headquartered in Saint Louis, Missouri, the company operates as a subsidiary of Post Holdings, Inc. BellRing Brands has swiftly emerged as a leader in the global convenient nutrition category.

The company offers a diverse range of products including ready-to-drink (RTD) protein shakes, powders, nutrition bars, and supplements. These products are marketed under well-known brands such as Premier Protein, Dymatize, PowerBar, Joint Juice, and Supreme Protein. BellRing Brands ensures its products are accessible by distributing through multiple channels including club, food, drug, mass, convenience, specialty, and ecommerce. Furthermore, the company utilizes a broker network for convenience, grocery, and mass channels, and distributors for specialty channels.

In recent developments, BellRing has shown strong financial performance. For the fiscal year 2023, the company reported net sales of $1,666.8 million, a 21.5% increase from the prior year. Notably, net sales of Premier Protein increased by 24.8%, driven by a 14.1% improvement in price/mix and a 10.7% increase in volume. Dymatize also saw a 10.8% increase in net sales. The company's gross profit rose to $530.2 million, attributed to strategic pricing actions that mitigated input cost inflation and favorable freight rates.

BellRing Brands has been proactive in expanding its product portfolio and market presence. The company has launched new shake flavors and promotional activities, significantly boosting household penetration and market share for Premier Protein. Dymatize has also experienced robust growth, benefiting from new household acquisitions and increased distribution.

The company has made strategic decisions to optimize its business operations. During the fourth quarter of 2023, BellRing decided to discontinue its PowerBar business in North America, which generated net sales of $7.7 million in fiscal 2023. This move is expected to streamline the company's focus on its core brands and improve overall efficiency.

BellRing Brands' commitment to sustainability and consumer health is evident in its product offerings, delivering best-in-class nutritionals and superior taste. With a strong outlook for fiscal year 2024, BellRing management expects net sales to range between $1.93-$1.99 billion and Adjusted EBITDA to range between $400-$420 million, indicating continued growth and profitability.

For more information about BellRing Brands, visit their website.

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BellRing Brands (NYSE: BRBR) has announced a conference call scheduled for August 6, 2024, at 9:00 a.m. EDT to discuss their financial results for the third quarter of fiscal year 2024 and their fiscal year 2024 outlook. The financial results will be released after market close on August 5, 2024. Darcy H. Davenport, CEO, and Paul A. Rode, CFO, will lead the discussion and address questions. Interested parties can join the call by registering in advance via the provided link. A webcast of the call will be available on BellRing's Investor Relations webpage, with a replay accessible for a time.

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BellRing Brands reported strong financial results for the second quarter of fiscal year 2024, with net sales of $494.6 million, operating profit of $91.0 million, net earnings of $57.2 million, and Adjusted EBITDA of $103.7 million. The company also raised its fiscal year 2024 net sales outlook to $1.93-$1.99 billion and Adjusted EBITDA outlook to $400-$420 million.

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BellRing Brands, Inc. (BRBR) will hold a conference call to discuss financial results for Q2 of fiscal year 2024 and outlook for the year. Darcy H. Davenport and Paul A. Rode will participate. Interested parties can join by registering in advance.
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BellRing Brands, Inc. (BRBR) announces a $300 million share repurchase authorization over two years, with $79 million already repurchased under the previous authorization. Repurchases may vary in method and timing, subject to market conditions.
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BellRing Brands, Inc. (NYSE:BRBR) reported strong first quarter results, with net sales of $430.4 million, operating profit of $73.0 million, and net earnings of $43.9 million. The company raised its fiscal year 2024 net sales outlook to $1.87-$1.95 billion and Adjusted EBITDA outlook to $375-$400 million. Premier Protein drove the outperformance, with significant consumption growth in the first quarter. Dollar consumption of Premier Protein RTD shakes, Premier Protein powder products, and Dymatize powder products increased by 29.3%, 66.3%, and 15.7% respectively. BellRing also repurchased 0.2 million shares for $9.4 million during the first quarter of 2024.
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BellRing Brands, Inc. (BRBR) has announced that its Executive Chairman, Robert V. Vitale, has returned from medical leave and resumed his full duties, effective January 31, 2024.
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BellRing Brands, Inc. (NYSE:BRBR) will hold a conference call on February 6, 2024, to discuss financial results for the first quarter of fiscal year 2024 and fiscal year 2024 outlook. President and CEO Darcy H. Davenport and CFO Paul A. Rode will participate. Financial results will be released on February 5, 2024.
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BellRing Brands, Inc. (BRBR) reported strong results for the fourth fiscal quarter and fiscal year ended September 30, 2023, with net sales of $472.6 million in Q4 and $1,666.8 million for the fiscal year. The company expects net sales for fiscal year 2024 to range between $1.83-$1.91 billion and Adjusted EBITDA between $360-$390 million. Premier Protein and Dymatize experienced robust consumption growth, and the company's momentum remains high in the convenient nutrition category. The PR highlights the company's strong performance, future expectations, and strategic decisions, focusing on key financial metrics and operational achievements.
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BellRing Brands, Inc. announced that its Executive Chairman, Robert V. Vitale, will be taking an unexpected medical leave of absence. The timing and course of treatment are unknown at this time.
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BellRing Brands, Inc. (NYSE:BRBR) will hold a conference call on November 21, 2023 to discuss financial results for Q4 and fiscal year 2023, as well as the fiscal year 2024 outlook. The call will be attended by President and CEO Darcy H. Davenport and CFO Paul A. Rode. The company will release its Q4 financial results on November 20, 2023. Interested parties can join the conference call by registering in advance and access the webcast replay on BellRing's website.
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FAQ

What products does BellRing Brands, Inc. offer?

BellRing Brands offers ready-to-drink (RTD) protein shakes, powders, nutrition bars, and supplements under brands such as Premier Protein, Dymatize, and PowerBar.

How does BellRing Brands distribute its products?

The company distributes its products through channels like club, food, drug, mass, convenience, specialty, and ecommerce, using broker networks and distributors for effective reach.

What recent financial performance has BellRing Brands reported?

For fiscal year 2023, BellRing Brands reported net sales of $1,666.8 million, a 21.5% increase from the prior year, with significant growth in Premier Protein and Dymatize product lines.

Where is BellRing Brands, Inc. headquartered?

BellRing Brands is headquartered in Saint Louis, Missouri, USA.

What strategic changes has BellRing Brands made recently?

BellRing Brands decided to discontinue its PowerBar business in North America during the fourth quarter of 2023 to focus on its core brands.

What is BellRing Brands' outlook for fiscal year 2024?

BellRing Brands expects net sales to range between $1.93-$1.99 billion and Adjusted EBITDA to range between $400-$420 million for fiscal year 2024.

Who is the parent company of BellRing Brands, Inc.?

BellRing Brands, Inc. is a subsidiary of Post Holdings, Inc.

How does BellRing Brands ensure product quality?

BellRing Brands is committed to delivering best-in-class nutritionals and superior taste, ensuring high product quality in its offerings.

What is the primary focus of BellRing Brands?

The primary focus of BellRing Brands is to provide convenient nutrition products, appealing to a broad range of consumers globally.

Where can I find more information about BellRing Brands, Inc.?

More information is available on BellRing Brands' official website at https://www.bellring.com.

BellRing Brands, Inc.

NYSE:BRBR

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BRBR Stock Data

6.62B
130.43M
0.73%
97.68%
4.32%
All Other Miscellaneous Chemical Product and Preparation Manufacturing
Manufacturing
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United States of America
ST. LOUIS