BRBR SHAREHOLDER ALERT: Securities Fraud Lawsuit Filed on Behalf of BellRing Brands, Inc. Investors - Contact Kirby McInerney LLP by March 23, 2026

Core Viewpoint - The lawsuit against BellRing Brands, Inc. alleges that the company misrepresented its sales growth as being driven by consumer demand, while in reality, it was primarily due to inventory stockpiling by key customers [4]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased BellRing securities from November 19, 2024, to August 4, 2025, and claims that the company downplayed competitive pressures affecting demand [4]. - BellRing's management previously claimed that sales growth was due to "organic growth," "distribution gains," and "strong macro tailwinds around protein," while asserting that competition was not significantly impacting demand [4]. - The lawsuit contends that the actual sales growth was misleading and did not reflect true end-consumer demand or brand momentum [4]. Group 2: Financial Impact - On May 6, 2025, BellRing disclosed that key retailers had reduced their inventory levels, leading to a projected mid-single-digit headwind for Q3 growth, resulting in a share price drop of approximately 19% from $78.43 to $63.55 [5]. - Following the fiscal Q3 2025 results on August 4, 2025, which included a disappointing sales outlook of $2.28-$2.32 billion, the share price fell by about 33% from $53.64 to $36.18 on August 5, 2025, amid heavy trading volume [6].