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Have you been paying attention to shares of BellRing Brands (BRBR) ? Shares have been on the move with the stock up 11.9% over the past month. The stock hit a new 52-week high of $74 in the previous session. BellRing Brands has gained 32.2% since the start of the year compared to the -1.7% move for the Zacks Medical sector and the 14.1% return for the Zacks Medical - Products industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earni ...

BellRing Brands BRBR reported better-than-expected earnings for its fourth quarter, after the closing bell on Monday.The company posted quarterly earnings of 51 cents per share, which beat the analyst consensus estimate of 50 cents per share. The company reported quarterly sales of $555.80 million which beat the analyst consensus estimate of $536.13 million.“We finished the year strong, with our results coming in at the high end of our expectations. Premier Protein consumption accelerated, lifted by better ...

Investor Presentation November 2022 Fourth Quarter Fiscal Year 2024 Supplemental Presentation November 18, 2024 Cautionary Statement Regarding Forward-Looking Statements Certain matters discussed in this presentation and the accompanying oral presentation are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made based on known events and circumstances at the time of presentation, and as such, are subject to uncertaint ...

Financial Data and Key Metrics Changes - For Q4 2024, net sales were $556 million, and adjusted EBITDA was $117 million, both representing an 18% increase year-over-year [30] - Full year fiscal 2024 net sales were just shy of $2 billion, up 20% over the prior year, with adjusted EBITDA growing 30% to $440 million [36][37] - Gross profit for Q4 was $205 million, a 32% increase, with gross margin rising to 36.9% [33] Business Line Data and Key Metrics Changes - Premier Protein net sales grew 20%, driven by strong volume growth in both ready-to-drink (RTD) shakes and powders, with RTD shake sales increasing by 21% [31] - Dymatize net sales increased by 4% in Q4, with a 7% higher volume, but faced domestic headwinds [32][22] - Premier Protein consumption growth accelerated by 14% in Q4, with household penetration reaching 19.4% [16][18] Market Data and Key Metrics Changes - The convenient nutrition category grew 6% in Q4, with ready-to-drink growth accelerating at 13% [14] - Mainstream everyday and sports nutrition brands drove significant growth, up 25% year-over-year [15] - Dymatize's international business saw a 30% increase in net sales this quarter, contributing positively to overall brand growth [22] Company Strategy and Development Direction - The company is focusing on expanding household penetration and brand strength, particularly for Premier Protein, which is expected to drive future growth [10][11] - A national marketing campaign for Premier Protein is set to launch in Q1 2025, aimed at increasing brand awareness and household penetration [24][106] - The company plans to invest more in marketing to support growth, particularly in the first half of fiscal 2025 [41][71] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term growth potential of the convenient nutrition category, driven by macro trends favoring protein consumption [10][26] - Fiscal 2025 is expected to see net sales growth between 12% and 16%, with adjusted EBITDA growth between 5% and 11% [23][41] - Input cost inflation is anticipated to impact margins, particularly in the powder business, but pricing actions are expected to mitigate some of these effects [45][126] Other Important Information - The company repurchased approximately 700,000 shares in Q4 at an average price of $55.97, totaling $41 million [40] - Cash flow from operations for the year was $200 million, with net debt at $769 million and net leverage at 1.7 times [39] Q&A Session Summary Question: Insights from trial runs for increased marketing spend - Management noted that early results from in-market tests exceeded expectations, indicating readiness for a national campaign [55] Question: Current view on production capacity for fiscal 2025 - Production volumes are expected to be in the mid- to high teens, with existing networks supporting growth into fiscal 2026 and 2027 [59] Question: Changes in revenue growth expectations for fiscal 2025 - Management clarified that the planning process revealed more opportunities, leading to increased optimism for growth [64] Question: Details on first quarter EBITDA expectations - First quarter EBITDA margins are expected to be significantly lower due to increased marketing spend, despite strong sales growth [66] Question: Marketing spend expectations for fiscal 2025 - Marketing spend is expected to be a headwind to margins, particularly in the first half of the year, with a target of high-3s to low-4s percentage of sales [71] Question: Strategies for improving penetration in the convenience channel - Management indicated that the convenience channel represents a small part of the category, with a focus on expanding distribution in existing channels [74] Question: Innovation plans for 2025 - Management discussed ongoing innovation efforts, including new product launches aimed at increasing household penetration and attracting new consumers [95] Question: Pricing plans and inflation impact - A mid-single digit price increase for Premier shakes was implemented, expected to cover inflation, particularly in the powder segment [120][126] Question: Elasticity of demand following price increases - Early indications show modest elasticity, with some consumers trading up to larger pack sizes [130]

Table of Contents Large accelerated filer ☒ Accelerated filer ☐ Non-accelerated filer ☐ Smaller reporting company ☐ Emerging growth company ☐ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 1-39093 BellRing Brands, Inc. (Exact na ...

BellRing Brands (BRBR) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2%. A quarter ago, it was expected that this nutritional supplements company would post earnings of $0.44 per share when it actually produced earnings of $0.54, delivering a surprise of 22.73%.Over the last four qu ...

Net Sales Performance - Q4 2024 net sales reached $555.8 million, a 17.6% increase YoY, driven by an 18.9% volume growth and a 1.3% decrease in price/mix[5] - Fiscal year 2024 net sales totaled $1,996.2 million, up 19.8% YoY, with Premier Protein net sales increasing 22.9% and Dymatize net sales rising 5.6%[14] - Net sales for the three months ended September 30, 2024, were $555.8 million, compared to $472.6 million in the same period in 2023, representing a 17.6% increase[36] - Net sales for the twelve months ended September 30, 2024, were $1,996.2 million, compared to $1,666.8 million in the same period in 2023, representing a 19.8% increase[36] Operating Profit and EBITDA - Q4 2024 operating profit was $112.1 million, a 43.5% increase YoY, while fiscal year 2024 operating profit reached $387.7 million, up 34.9% YoY[10][17] - Adjusted EBITDA for Q4 2024 was $116.5 million, an 18.3% increase YoY, and fiscal year 2024 Adjusted EBITDA was $440.2 million, up 30.1% YoY[13][20] - Adjusted EBITDA for Q3 2024 was $116.5 million, compared to $98.5 million in Q3 2023, representing a 21.0% and 20.8% of net sales respectively[50] - Adjusted EBITDA for the twelve months ended September 30, 2024, was $440.2 million, up from $338.3 million in the same period last year, representing 22.1% and 20.3% of net sales respectively[50] Product Performance - Premier Protein RTD shake dollar consumption increased 14.4% YoY, while Premier Protein powder products saw a 42.7% increase in dollar consumption[4] - Dymatize powder products dollar consumption decreased 10.1% YoY in the 13-week period ended September 29, 2024[4] Financial Outlook - Fiscal year 2025 net sales are expected to range between $2.24-$2.32 billion, with Adjusted EBITDA projected to be between $460-$490 million[23] Cash Flow and Share Repurchase - Fiscal year 2024 cash from operations was $199.6 million, and the company repurchased 2.6 million shares for $146.6 million during the year[3][22] - Net increase in cash and cash equivalents for the twelve months ended September 30, 2024, was $22.7 million, compared to $12.6 million in the same period in 2023, representing an 80.2% increase[38] Gross Profit and Expenses - Gross profit for Q4 2024 was $205.1 million, or 36.9% of net sales, a 32.1% increase YoY, driven by net input cost deflation and production attainment fees[7] - SG&A expenses for Q4 2024 were $88.7 million, or 16.0% of net sales, up $23.5 million YoY, primarily due to higher marketing and consumer advertising expenses[9] Net Earnings - Net earnings for the three months ended September 30, 2024, were $71.7 million, compared to $46.1 million in the same period in 2023, representing a 55.5% increase[36] - Net earnings for the twelve months ended September 30, 2024, were $246.5 million, compared to $165.5 million in the same period in 2023, representing a 48.9% increase[36] - Net earnings for Q3 2024 were $71.7 million, a significant increase from $46.1 million in Q3 2023[50] - Net earnings for the twelve months ended September 30, 2024, were $246.5 million, up from $165.5 million in the same period last year[50] - Adjusted net earnings for Q3 2024 were $67.1 million, compared to $54.7 million in Q3 2023[48] - Adjusted net earnings for the twelve months ended September 30, 2024, were $255.5 million, up from $177.2 million in the same period last year[48] Earnings Per Share - Diluted earnings per share for Q3 2024 were $0.55, compared to $0.35 in Q3 2023[48] - Adjusted diluted earnings per share for Q3 2024 were $0.51, compared to $0.41 in Q3 2023[48] Balance Sheet - Cash and cash equivalents as of September 30, 2024, were $71.1 million, compared to $48.4 million as of September 30, 2023, representing a 46.9% increase[38] - Receivables, net as of September 30, 2024, were $220.4 million, compared to $168.2 million as of September 30, 2023, representing a 31.0% increase[38] - Inventories as of September 30, 2024, were $286.1 million, compared to $194.3 million as of September 30, 2023, representing a 47.2% increase[38] - Total current assets as of September 30, 2024, were $592.7 million, compared to $424.2 million as of September 30, 2023, representing a 39.7% increase[38] - Total liabilities as of September 30, 2024, were $1,042.9 million, compared to $1,015.1 million as of September 30, 2023, representing a 2.7% increase[38] Other Financial Metrics - Stock-based compensation for Q3 2024 was $5.7 million, up from $3.7 million in Q3 2023[50] - Depreciation and amortization for Q3 2024 was $4.7 million, down from $12.5 million in Q3 2023[50]

ST. LOUIS, Nov. 18, 2024 (GLOBE NEWSWIRE) -- BellRing Brands, Inc. (NYSE:BRBR) (“BellRing”), a holding company operating in the global convenient nutrition category, today reported results for the fourth fiscal quarter and fiscal year ended September 30, 2024. Highlights: Fourth quarter net sales of $555.8 million, operating profit of $112.1 million, net earnings of $71.7 million and Adjusted EBITDA* of $116.5 millionFiscal year net sales of $1,996.2 million, operating profit of $387.7 million, net earnings ...

The market expects BellRing Brands (BRBR) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be r ...