Darcy Davenport, the president and CEO of BellRing Brands, is planning to leave the US sports-nutrition group. The news came alongside the publication of the company's first-quarter results for its 2026 financial year. Davenport will step down by the end of September or once a new chief executive officer is appointed, BellRing Brands said in a statement today (3 February). She will remain in his position and a member of the board until the transition takes place and will continue to work in an advisory ...

Core Viewpoint - Wilson Asset Management has sold its entire stake in BellRing Brands, indicating a significant reassessment of risk following a substantial decline in the company's stock price [1][2][7]. Company Overview - BellRing Brands, Inc. is a prominent provider of nutrition products, focusing on high-protein shakes and powders, leveraging a strong brand portfolio and diverse distribution channels [6]. - The company operates a branded consumer packaged goods model, generating income through various retail channels, targeting health-conscious consumers and fitness enthusiasts [9]. Financial Performance - As of February 2, BellRing Brands had a market capitalization of $2.92 billion, with shares priced at $24.39, reflecting a 68.8% decline over the past year, significantly underperforming the S&P 500's 15% gain [3][4]. - In the latest quarter, net sales increased by approximately 1% year over year to $537.3 million, while adjusted EBITDA fell sharply to $90.3 million due to rising whey protein costs and increased promotions [10]. Leadership and Strategic Challenges - The company is facing leadership uncertainty, with CEO Darcy Davenport set to retire once a successor is named, adding to the challenges in the near-term outlook [11]. - The current market environment presents difficulties for BellRing, as it is a capital-intensive consumer brand contending with input inflation, which complicates its growth trajectory [12].

Investor Presentation November 2022 First Quarter Fiscal Year 2026 Supplemental Presentation February 3, 2026 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 uncertainty ...

SAN FRANCISCO, Feb. 03, 2026 (GLOBE NEWSWIRE) -- National shareholder rights law firm Hagens Berman is issuing an updated notice to investors in BellRing Brands, Inc. (NYSE: BRBR) regarding the March 23, 2026, lead plaintiff deadline accusing BellRing and certain of BellRing’s top executives of securities fraud. CLICK HERE TO SUBMIT YOUR BRBR LOSSES NOW The suit alleges Defendants misled investors about the true drivers of BellRing’s 2025 sales growth. The truth emerged over a series of disclosures revealin ...

Financial Performance - Net sales for the first quarter of fiscal year 2026 were $537.3 million, an increase of 0.8% year-over-year, driven by a 0.7% increase in volume and a 0.1% increase in price/mix [5]. - Premier Protein net sales decreased by 1.2%, with a 1.0% decrease in price/mix and a 0.2% decrease in volume, while Dymatize net sales increased by 15.8% due to strong volume growth, particularly in the international channel [6]. - Gross profit was $160.8 million, or 29.9% of net sales, a decrease from $199.6 million, or 37.5% of net sales, in the prior year period, impacted by significant input cost inflation [7]. - Adjusted EBITDA for the first quarter was $90.3 million, a decrease of $35.0 million compared to $125.3 million in the prior year period [12]. - Net earnings for the first quarter were $43.7 million, a decrease of $33.2 million compared to $76.9 million in the prior year period, with diluted earnings per share at $0.36 [11]. - Operating profit fell to $78.5 million in Q1 2025, compared to $115.3 million in Q1 2024, indicating a decline of 31.9% [26]. - Net earnings for the three months ended December 31, 2025, were $43.7 million, down from $76.9 million in the same period of 2024, a decrease of 43.3% [26]. - Adjusted net earnings for Q1 2025 were $44.7 million, compared to $76.2 million in Q1 2024, reflecting a decline of 41.6% [40]. - Diluted earnings per common share decreased to $0.36 in Q1 2025 from $0.59 in Q1 2024, a drop of 38.7% [42]. Outlook - The company has narrowed its fiscal year 2026 net sales outlook to $2.41-$2.46 billion, expecting a growth rate of 4% to 6% [15]. - Adjusted EBITDA outlook for fiscal year 2026 is set at $425-$440 million, approximately 18% of net sales [15]. Expenses and Costs - Selling, general and administrative expenses were $78.0 million, or 14.5% of net sales, a decrease from $80.1 million, or 15.0% of net sales, in the prior year period [8]. - Interest expense increased to $20.0 million in the first quarter of 2026 from $14.4 million in the prior year, primarily due to higher outstanding borrowings [10]. - Income tax expense decreased to $14.8 million in Q4 2025 from $24.0 million in Q4 2024 [44]. - Stock-based compensation decreased to $5.6 million in Q4 2025 from $6.3 million in Q4 2024 [44]. - Office relocation costs were $0.9 million in Q4 2025, with no such costs reported in Q4 2024 [44]. - Separation costs were $0.4 million in Q4 2025, with no such costs reported in Q4 2024 [44]. Assets and Liabilities - Total assets increased to $1,060.3 million as of December 31, 2025, up from $941.0 million as of September 30, 2025, representing a growth of 12.7% [28]. - Long-term debt rose to $1,184.6 million as of December 31, 2025, compared to $1,084.3 million as of September 30, 2025, an increase of 9.2% [28]. - Cash and cash equivalents decreased to $64.1 million as of December 31, 2025, down from $71.8 million as of September 30, 2025, a decline of 24.1% [28]. - The company reported a net decrease in cash, cash equivalents, and restricted cash of $12.1 million for the three months ended December 31, 2025, compared to a decrease of $21.5 million in the same period of 2024 [29]. Market Performance - Net sales for the three months ended December 31, 2025, were $537.3 million, a slight increase from $532.9 million in the same period of 2024, representing a growth of 0.8% [26]. - Gross profit decreased to $160.8 million in Q1 2025 from $199.6 million in Q1 2024, reflecting a gross profit margin of 29.9%, down from 37.5% [26][37]. - Net Earnings as a percentage of Net Sales decreased to 8.1% in Q4 2025 from 14.4% in Q4 2024 [44]. - Adjusted EBITDA as a percentage of Net Sales decreased to 16.8% in Q4 2025 from 23.5% in Q4 2024 [44]. - Interest expense increased to $20.0 million in Q4 2025 from $14.4 million in Q4 2024 [44]. - Mark-to-market adjustments on commodity hedges showed no impact in Q4 2025, compared to a loss of $1.5 million in Q4 2024 [44].

Core Viewpoint - BellRing Brands, Inc. announced the retirement of President and CEO Darcy Davenport, effective upon the appointment of a new CEO or by September 30, 2026, marking a significant leadership transition for the company [1][2]. Leadership Transition - Darcy Davenport will continue in her role until the transition date and will serve in an advisory capacity thereafter to ensure a smooth leadership transition [2]. - The Board of Directors has initiated a comprehensive external search for the next CEO [2]. Contributions and Achievements - Under Darcy Davenport's leadership, BellRing Brands experienced substantial growth, with sales increasing from $140 million to over $2.3 billion [3]. - Davenport played a key role in integrating Dymatize and PowerBar into Premier Nutrition, establishing a strong foundation for long-term growth and a portfolio of category-leading products [3]. - The company has focused on proactive wellness, with a culture that emphasizes good energy and strategic growth [3]. Company Overview - BellRing Brands, Inc. is a fast-growing consumer brands business focused on the proactive wellness category, with notable brands including Premier Protein and Dymatize [5]. - The company operates in over 90 countries and emphasizes best-in-class nutritional profiles and exceptional flavors in its products [5].

Core Insights - BellRing Brands, Inc. reported first fiscal quarter results for the period ending December 31, 2025, with net sales of $537.3 million, reflecting a 0.8% increase year-over-year [6][12]. - The company has narrowed its fiscal year 2026 net sales outlook to between $2.41 billion and $2.46 billion, anticipating growth acceleration in the second half of the year [4][15]. Financial Performance - Net sales increased by $4.4 million, driven by a 0.7% increase in volume and a 0.1% increase in price/mix [6]. - Premier Protein net sales decreased by 1.2%, while Dymatize net sales increased by 15.8%, indicating strong volume growth, particularly in international markets [7]. - Gross profit was $160.8 million, representing 29.9% of net sales, down from 37.5% in the prior year, impacted by input cost inflation and unfavorable product mix [8][10]. Operating Expenses - Selling, general and administrative (SG&A) expenses were $78.0 million, or 14.5% of net sales, a decrease from 15.0% in the prior year [9]. - Marketing and consumer advertising expenses decreased to $12.4 million, reflecting a reduction in promotional investments [9]. Earnings and Adjusted Metrics - Operating profit was $78.5 million, down from $115.3 million in the prior year, primarily due to lower gross margins [10]. - Net earnings were $43.7 million, a decrease of $33.2 million compared to the prior year, with adjusted net earnings at $44.7 million [12][13]. - Adjusted EBITDA was $90.3 million, down from $125.3 million in the prior year, reflecting a decrease in profitability [13]. Share Repurchase and Capital Management - The company repurchased approximately 3.0 million shares for $96.9 million during the first quarter, with $543.1 million remaining under its share repurchase authorization [14]. Outlook - The company expects net sales growth of 4% to 6% for fiscal year 2026, with an adjusted EBITDA outlook of $425 million to $440 million, approximately 18% of net sales [15][16].

New York, New York--(Newsfile Corp. - February 2, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Bellring Brands, Inc. (NYSE: BRBR) between November 19, 2024 and August 4, 2025, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 23, 2026.SO WHAT: If you purchased BellRing securities during the Cl ...

Core Viewpoint - A federal securities class action has been filed against BellRing Brands, Inc. for allegedly making materially false and misleading statements regarding its sales performance and demand trends during the specified class period [1][2]. Allegations - The complaint claims that BellRing and certain executives violated federal securities laws by failing to disclose that the company's strong reported sales were not due to increased consumer demand but rather due to customers accumulating excess inventory to mitigate earlier supply shortages [2][8]. - Following the easing of supply constraints, customers began to destock by selling through existing inventory and reducing new orders, which led to weakened underlying demand for BellRing products [8]. Corrective Disclosure - On August 4, 2025, BellRing announced its fiscal Q3 2025 financial results, significantly narrowing its full-year 2025 net sales outlook to a range of $2.28–$2.32 billion, which disappointed investors [2]. Stock Price Reaction - After the announcement on August 4, 2025, BellRing's stock price fell approximately $17.46 per share, or nearly 33%, dropping from $53.64 to $36.18 the following day [3]. Lead Plaintiff Deadline - Investors interested in being appointed as Lead Plaintiff must file a motion with the court by March 23, 2026 [4]. Legal Representation - Wolf Haldenstein Adler Freeman & Herz LLP, a law firm with over 125 years of experience in securities litigation, is representing the investors affected by the alleged misrepresentations [6].

Core Viewpoint - A class action lawsuit has been filed against BellRing Brands, Inc. for alleged misrepresentation of sales growth and demand during the Class Period from November 19, 2024, to August 4, 2025, which may have led to investor losses [1][5]. Company Overview - BellRing Brands, Inc. develops, markets, and sells "convenient nutrition" products, primarily known for its ready-to-drink protein shakes under the Premier Protein brand [5]. Allegations and Misrepresentation - The lawsuit claims that BellRing's reported sales growth was falsely attributed to increased consumer demand and organic growth, while in reality, it was driven by key customers stockpiling inventory [5]. - Defendants allegedly downplayed competitive pressures and claimed that BellRing had a "competitive moat" in the ready-to-drink category, despite evidence suggesting otherwise [5]. Impact on Investors - Following the revelation of the true nature of sales growth and competitive pressures, investors reportedly suffered damages as the market adjusted to the new information [5]. Legal Process and Participation - Investors who purchased BellRing securities during the Class Period may be entitled to compensation without upfront costs through a contingency fee arrangement [2]. - Interested parties can join the class action by submitting a form or contacting the law firm directly [3][6].