Premium Brands Holdings Corporation (PBH:CA) Q4 2025 Earnings Call Prepared Remarks Transcript

Core Insights - The company finished 2025 strongly in strategic, operational, and financial aspects despite facing significant commodity inflation, particularly record-high beef costs and substantial chicken cost increases [1][2] - The company is confident that the current headwinds are transitory and anticipates that pricing actions and normalization of commodity markets will restore margins to historical levels [2] - 2025 was a transformational year for the company, with substantial new plant capacity commissioned, expanded, or acquired across North America to support continued industry-leading growth [2] Financial Performance - Sales for the year increased by over $1 billion, or 15.6%, reaching $7.5 billion, while the Adjusted EBITDA margin was 9%, reflecting a 20 basis point decrease compared to 2024 due to commodity-cost inflation [3] - The company completed its largest acquisition in history with Stampede Culinary Partners, further enhancing its market position [3] Future Outlook - The company is well positioned to meet or exceed its 2027 targets of $10 billion in sales and $1 billion in Adjusted EBITDA [2]