BellRing Brands(BRBR)

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BellRing Brands(BRBR) - 2024 Q3 - Quarterly Report
2024-08-06 15:51
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 __________________ FORM 10-Q __________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition pe ...
BellRing Brands(BRBR) - 2024 Q3 - Quarterly Results
2024-08-05 21:01
Exhibit 99.1 BellRing Brands Reports Results for the Third Quarter of Fiscal Year 2024; Raises Fiscal Year 2024 Outlook St. Louis - August 5, 2024 - BellRing Brands, Inc. (NYSE:BRBR) ("BellRing"), a holding company operating in the global convenient nutrition category, today reported results for the third fiscal quarter ended June 30, 2024. Highlights: • Third quarter net sales of $515.4 million • Operating profit of $111.6 million, net earnings of $73.7 million and Adjusted EBITDA* of $119.5 million • Rais ...
BellRing Brands (BRBR) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-07-29 15:06
BellRing Brands (BRBR) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on August 5, 2024, might help the stock move higher if these key numbers are better than ...
BellRing Brands (BRBR) Laps the Stock Market: Here's Why
ZACKS· 2024-07-26 23:21
BRBR's full-year Zacks Consensus Estimates are calling for earnings of $1.80 per share and revenue of $1.96 billion. These results would represent year-over-year changes of +36.36% and +17.73%, respectively. It's also important to note that BRBR currently trades at a PEG ratio of 1.38. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Medical - Products industry currently had an average PEG ratio of 2.29 as of yest ...
BellRing Brands Schedules Third Quarter Fiscal Year 2024 Conference Call
GlobeNewswire News Room· 2024-07-09 21:00
Company Overview - BellRing Brands, Inc. is a rapidly growing leader in the global convenient nutrition category, offering ready-to-drink shake and powder protein products [4] - The primary brands include Premier Protein® and Dymatize®, which appeal to a broad range of consumers and are distributed across various channels such as club, food, drug, mass, eCommerce, specialty, and convenience [4] - The company is committed to delivering highly effective products that provide best-in-class nutritionals and superior taste [4] Upcoming Financial Events - BellRing Brands will hold a conference call on August 6, 2024, at 9:00 a.m. EDT to discuss financial results for the third quarter of fiscal year 2024 and the fiscal year 2024 outlook [3] - The financial results for the third quarter will be released after market close on August 5, 2024 [3] - The call will feature participation from Darcy H. Davenport, President and CEO, and Paul A. Rode, CFO [3] Investor Relations - Interested parties can join the conference call by registering in advance and will receive a dial-in number and unique passcode [1] - A webcast of the conference call will be available on BellRing's Investor Relations website, along with a replay for a limited period [1][2]
BellRing Brands Schedules Third Quarter Fiscal Year 2024 Conference Call
Newsfilter· 2024-07-09 21:00
ST. LOUIS, July 09, 2024 (GLOBE NEWSWIRE) -- BellRing Brands, Inc. (NYSE:BRBR) today announced it will hold a conference call on Tuesday, August 6, 2024 at 9:00 a.m. EDT to discuss financial results for the third quarter of fiscal year 2024 and fiscal year 2024 outlook and to respond to questions. Darcy H. Davenport, President and Chief Executive Officer, and Paul A. Rode, Chief Financial Officer, will participate in the call. BellRing also announced it plans to release its financial results for the third q ...
Looking for Stocks with Positive Earnings Momentum? Check Out These 2 Medical Names
ZACKS· 2024-06-24 13:55
Wall Street watches a company's quarterly report closely to understand as much as possible about its recent performance and what to expect going forward. Of course, one figure often stands out among the rest: earnings. The ability to identify stocks that are likely to top quarterly earnings expectations can be profitable, but it's no simple task. Here at Zacks, our Earnings ESP filter helps make things easier. The Zacks Expected Surprise Prediction, or ESP, works by locking in on the most up-to-date analyst ...
Here's Why BellRing Brands (BRBR) Looks Ripe for Bottom Fishing
ZACKS· 2024-06-12 14:55
This is one of the popular price patterns in candlestick charting. A minor difference between the opening and closing prices forms a small candle body, and a higher difference between the low of the day and the open or close forms a long lower wick (or vertical line). The length of the lower wick being at least twice the length of the real body, the candle resembles a 'hammer.' In simple terms, during a downtrend, with bears having absolute control, a stock usually opens lower compared to the previous day's ...
BellRing Brands (BRBR) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-06-11 23:20
Prior to today's trading, shares of the nutritional supplements company had lost 3.79% over the past month. This has lagged the Medical sector's gain of 2.89% and the S&P 500's gain of 2.85% in that time. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.81 per share and a revenue of $1.97 billion, representing changes of +37.12% and +18.15%, respectively, from the prior year. Based on our research, we believe these estimate revisions are directly related to near-team s ...
3 Growth Stocks to Invest in Now for Life-Changing Returns
Investor Place· 2024-05-31 11:00
Core Insights - The stock market continues to produce life-changing growth stocks, with favorable conditions for the next generation of growth stocks due to a robust job market, booming business-to-business spending, and a potential Federal Reserve interest rate cut [1][2] Group 1: Shopify (SHOP) - Shopify is positioned to benefit from the long-term growth of e-commerce, having grown revenues from $105 million in 2014 to $7.4 billion in the trailing twelve months, representing a 70x revenue growth [5] - Global e-commerce penetration is currently under 25%, with revenues expected to grow at approximately 9.49% annually, reaching $6.4 trillion by 2029 [6] - Shopify's gross merchandise volume in the B2B e-commerce segment grew 130% year-over-year in Q1 2024, indicating strong growth potential [8] Group 2: BellRing Brands (BRBR) - BellRing Brands reported a 28% year-over-year revenue growth in the most recent quarter, capitalizing on the expanding convenient nutrition category [10] - The adoption of ready-to-drink shakes is increasing, with household penetration rising from 38% in 2019 to 45% in 2023, indicating a long growth runway for the company [11] - Management's fiscal 2024 guidance estimates net sales between $1.93 billion and $1.99 billion, representing at least 15% growth, highlighting its strong position in the consumer staples sector [13] Group 3: Nextracker (NXT) - Nextracker is a leader in solar tracker technology, benefiting from the global shift to renewable energy, with installed solar power capacity expected to triple by 2033 [15] - The company reported a 42% increase in sales to $737 million in Q4 fiscal year 2024, with revenue growth accelerating from 38% in the previous quarter [17] - Management provided revenue guidance for fiscal year 2025 in the range of $2.8 billion to $2.9 billion, indicating at least 12% growth, along with an expected increase in adjusted EBITDA from $521 million to between $600 million and $650 million [18]