BellRing Brands, Inc. reports developments as a holding company operating in the global proactive wellness and convenient nutrition category. Its portfolio includes Premier Protein, Dymatize and PowerBar products, with recurring updates tied to ready-to-drink protein shakes, powders, nutrition bars, retail distribution, brand investment and product innovation.
Company news commonly covers fiscal results and outlooks, Premier Protein RTD shake sales drivers, volume and price/mix trends, promotional activity, distribution gains, share repurchase authorizations, investor-conference participation and governance matters such as board and leadership-transition updates.
BellRing Brands, Inc. (NYSE:BRBR) announced a conference call on November 20, 2020, at 10:30 a.m. EST to discuss its fourth-quarter financial results and fiscal year 2021 outlook. The company will release its financial results on November 19, 2020, after market close. CEO Darcy H. Davenport and CFO Paul A. Rode will lead the call. Interested parties can join by phone or access a webcast through the Investor Relations section of BellRing’s website. A replay will be available until December 4, 2020. BellRing is known for its brands like Premier Protein, Dymatize, and PowerBar, focusing on convenient nutrition.
BellRing Brands reported Q3 2020 results, revealing net sales of $204.2 million, a 14.1% decline year-over-year. Operating profit decreased by 42.0% to $30.6 million, while net earnings for Class A stockholders were $3.3 million, compared to zero a year ago. Adjusted EBITDA fell 37.1% to $38.5 million. Premier Protein sales dipped 11.9%, affected by reduced consumption due to COVID-19. Despite challenges, the company reaffirmed its FY 2020 Adjusted EBITDA guidance of $192-$202 million.
BellRing Brands, Inc. (NYSE: BRBR) is set to release its third-quarter fiscal year 2020 financial results after market close on August 6, 2020. A conference call will follow on August 7, 2020, at 10:30 a.m. EDT, featuring CEO Darcy H. Davenport and CFO Paul A. Rode. This call will discuss financial outcomes and the fiscal year 2020 outlook, with an opportunity for questions. Interested parties can access the call by phone or via a webcast on the company’s Investor Relations page.
BellRing Brands (NYSE:BRBR) reported strong financial results for Q2 2020, with net sales reaching $257.5 million, an 18.9% increase year-over-year. Premier Protein's net sales surged by 25.8% due to consumer demand amid the COVID-19 pandemic. However, Dymatize and PowerBar saw declines in sales. The company recorded a gross profit of $88.2 million but faced rising SG&A expenses, which increased by $14.9 million. Adjusted EBITDA was $43.4 million, a 12.5% decrease. BellRing maintains its FY 2020 guidance of $1.00-$1.05 billion in net sales and anticipates Adjusted EBITDA between $192-$202 million.