Accessibility StatementSkip Navigation TAMPA, Fla. and STAMFORD, Conn., Oct. 1, 2025 /PRNewswire/ - Primo Brands Corporation (NYSE: PRMB) ("Primo Brands" or the "Company")Â today announced that the Company will release its third quarter ended September 30, 2025, financial results before the markets open on Thursday, November 6, 2025. Primo Brands will host a conference call, to be simultaneously webcast, on Thursday, November 6, 2025 at 10:00 a.m. ET. A question-and-answer session will follow management's p ...

Primo Brands Corporation (NYSE:PRMB) is one of the best FMCG stocks to invest in. On September 11, Goldman Sachs initiated coverage of the stock with a ‘Neutral’ rating and a $25 price target. The investment bank is confident about the company’s prospects as a leading beverage company, given its presence in the bottled water market. Primo Brands Corporation (PRMB) Rated ‘Neutral’ at Goldman Sachs on 4% Organic Growth Prospects Consequently, Goldman Sachs expects the company to deliver a 4% organic compou ...

Company Overview - Primo Brands Corporation is a leading North American branded beverage company focused on healthy hydration, offering a diverse range of products across various formats, channels, and price points [4] - The company has a comprehensive portfolio that includes well-known brands such as Poland Spring®, Pure Life®, Saratoga®, and Mountain Valley®, among others [4] - Primo Brands operates a vertically integrated distribution network, reaching over 200,000 retail outlets and providing direct delivery services to homes and businesses [4] Recent Events - The CEO Robbert Rietbroek and CFO David Hass will participate in a virtual fireside chat with RBC Capital Markets on August 11, 2025, moderated by Nik Modi [1] - The event will be webcasted and archived for replay on the investor relations section of Primo Brands' website [2] Investor Relations - The investor relations section of the company's website serves as the primary channel for public disclosure of key information, including material and previously non-public information [3]

Core Insights - Primo Brands Corporation reported its second quarter results for 2025, highlighting significant operational changes and challenges following its merger with Blue Triton Brands [1][2][3] Financial Performance - Net sales increased by 31.6% to $1.73 billion compared to $1.31 billion in Q2 2024, primarily driven by the merger with Primo Water [7][11] - Net income from continuing operations decreased to $30.5 million, or $0.08 per diluted share, down from $54.5 million, or $0.25 per diluted share in the same quarter last year [7][11] - Adjusted net income rose to $137.1 million, or $0.36 per diluted share, compared to $76.7 million, or $0.35 per diluted share in Q2 2024 [7][11] - Adjusted EBITDA increased by 42.1% to $366.7 million, with an adjusted EBITDA margin of 21.2%, up from 19.6% [7][11] Operational Developments - The company faced challenges due to tornado damage at its Hawkins, Texas facility and service issues during the integration process, but has since restarted operations at Hawkins and is addressing service disruptions [2][3] - The company is on track to achieve targeted cost synergies of $200 million in 2025 and $300 million in 2026 [2][10] Strategic Initiatives - A new share repurchase program of up to $250 million has been authorized to return value to shareholders [9][10] - The company declared a quarterly dividend of $0.10 per share, payable on September 4, 2025 [8][10] Market Position - Despite challenges, the company continues to see strong consumer demand for healthy hydration products and has experienced retail share growth in July [3][10] - The long-term growth algorithm is reaffirmed at 3% to 5% organic net sales growth post-2025 [10]

Group 1 - Nestlé is evaluating the potential sale of several vitamin brands, including Nature's Bounty, to address growth pressures from tightening consumer spending [1] - The CEO of Nestlé, Laurent Freixe, announced a strategic review of underperforming mass-market and budget brands in the vitamins, minerals, and supplements sector, which may lead to divestitures [1] - Nestlé's acquisition of Nature's Bounty and other brands in 2021 aimed to expand into the nutritional supplement market, but competition and changing consumer behavior have led to disappointing performance [1] Group 2 - In addition to its nutrition business, Nestlé is also assessing the strategic direction of its bottled water brands, including Perrier and San Pellegrino [2] - Factors such as rising food prices due to inflation, uncertain tariff policies, and the popularity of weight-loss drugs are prompting large food companies to reassess their product lines and divest underperforming segments [2] - The trend of large food companies acquiring rapidly growing emerging brands in health and wellness sectors is becoming prevalent, as seen with recent acquisitions by companies like Ferrero and Mars [2] Group 3 - Acquisitions can boost growth in the short term but may carry risks if companies overlook changing consumer preferences [3] - General Mills sold its North American yogurt business due to competitive pressures from Greek yogurt brands and private labels [3] - Unilever plans to spin off its ice cream business to focus resources on core brands like Lipton tea and Hellmann's mayonnaise [3] Group 4 - Kraft Heinz is considering spinning off part of its grocery business into a separate company valued at up to $20 billion to focus on its core products like Heinz ketchup [4] - The company has not confirmed the reports but stated it is evaluating strategic transactions to unlock shareholder value [4]