Primo Brands Stock Price, News & Analysis

Primo Brands (NYSE:PRMB) reported Q2 2025 results with net sales increasing 31.6% to $1.7 billion and Adjusted EBITDA rising 42.1% to $366.7 million. The company faced challenges including tornado damage to its Hawkins facility and integration-related service issues, leading to revised 2025 guidance.

The company reaffirmed its cost synergy targets of $200 million in 2025 and $300 million in 2026. The Board approved a new $250 million share repurchase program and declared a quarterly dividend of $0.10 per share. Management expects service issues to normalize by September end and reiterated their long-term organic growth target of 3-5%.

Primo Brands (NYSE:PRMB) has scheduled its second quarter 2025 earnings release and conference call. The company will announce its financial results for the quarter ended June 30, 2025, before market open on Thursday, August 7, 2025.

The earnings conference call will be held at 10:00 a.m. ET on the same day, featuring a management presentation followed by a Q&A session. The call will be accessible via North America dial-in (888-510-2154), International dial-in (437-900-0527), and a live webcast through the company's investor relations website.

A recording of the webcast will be archived and available for playback on the investor relations section of Primo Brands' website after the event.

Primo Brands (PRMB) has released its inaugural 2024 Sustainability Report, outlining its mission to "Hydrate a Healthy America™" through responsible water practices. The report focuses on four key areas: water stewardship, circular packaging, greenhouse gas emissions reduction, and people and community.

Key sustainability goals include: replenishing 100% of water used in bottling operations by 2035, increasing water efficiency by 27%, achieving 100% recyclable packaging by 2035, increasing reusable solutions to 33% by 2030, and reducing voluntary turnover by 10% by 2025. The company also aims to achieve zero waste to landfill at all factories by 2035 and save 10 million miles through route optimization in 2025.

Primo Brands Corporation (NYSE: PRMB) announced its participation in the BMO Global Farm to Market Conference. CEO Robbert Rietbroek and CFO David Hass will engage in a fireside chat on Wednesday, May 14, 2025, at 9:30 a.m. Eastern Time. The session will be accessible via webcast through Primo's investor relations website at ir.primobrands.com, with replay availability after the event. The company also highlighted that it utilizes its investor relations website section as the primary channel for distributing key investor information, including potentially material and previously non-public information.

Primo Brands Corporation (NYSE: PRMB) has announced a significant secondary offering where affiliates of One Rock Capital Partners plan to sell 47,500,000 shares of Class A common stock. The offering will be underwritten by BofA Securities and Morgan Stanley, with shares being sold through various market channels at prevailing market prices.

Concurrent with this offering, Primo Brands will execute a $100 million share repurchase from the selling stockholders at the public offering price minus underwriting discounts. The repurchased shares will be retired upon completion of the transaction. While the share repurchase is contingent on the offering's completion, the offering itself is not dependent on the repurchase transaction.

Primo Brands (NYSE: PRMB) reported strong Q1 2025 results, with net sales increasing 42.1% to $1.6 billion compared to Q1 2024. The company achieved a net income of $34.7 million ($0.09 per diluted share) and Adjusted EBITDA of $341.5 million, up 56.9% year-over-year. Adjusted EBITDA margin expanded by 200 basis points to 21.2%. The company is on track to realize $200 million in cost synergies by 2025, with an additional $100 million expected in 2026. The Board declared a quarterly dividend of $0.10 per share, payable on June 17, 2025. Management highlighted their resilient business model, focusing on domestic manufacturing efficiency and cost control, while reaffirming their full-year 2025 guidance for Net Sales, Adjusted EBITDA, and Adjusted Free Cash Flow.

Primo Brands Corporation (NYSE: PRMB) has announced a quarterly dividend payment. The company's Board of Directors has declared a cash dividend of $0.10 per share on common shares. The dividend will be paid on June 17, 2025, to shareholders who are on record as of the close of business on June 6, 2025.

Splash Refresher™ launches its new 'Besties' campaign featuring Hollywood stars Anna Kendrick and Rebel Wilson to promote their new line of sparkling beverages. The campaign showcases the actresses' real-life friendship through a national 30-second spot, celebrating healthy hydration with zero sugar alternatives.

The new Splash Refresher™ Sparkling Beverage line features four flavors available nationwide:

• Kiwi Watermelon
• Rocket Freeze (blue raspberry, cherry, and lime)
• Blood Orange
• Black Cherry

All varieties contain zero sugar, zero calories, and zero colors, offering a flavorful alternative to plain water. The launch represents a significant expansion for the brand, now offering both still and sparkling options.

Primo Brands (NYSE: PRMB) has announced a four-year partnership with The Ocean Cleanup to support cleanup efforts in Los Angeles County. The collaboration includes supporting the Interceptor™ 007 project in Ballona Creek and new initiatives to reduce ocean plastic pollution.

The partnership builds on Primo's sustainability achievements, including a recently completed nine-year project with Cucamonga Valley Water District that removed agricultural contaminants from groundwater. As a leader in reuse and refill beverage packaging, Primo operates the largest multi-serve and reuse packaging network through three- and five-gallon reusable bottles delivered to homes, offices, and retailers.

The Ocean Cleanup has already removed millions of kilograms of plastic pollution globally. This new partnership will enable expanded deployment, research, and operation of cleanup systems in California's waterways.