Overview

* BellRing Q3 net sales of $547.5 mln beat analyst expectations, per LSEG data

* Adjusted EPS for Q3 beats consensus

* Co narrows fiscal yr 2025 net sales and Adjusted EBITDA outlook

Outlook

* BellRing narrows FY 2025 net sales outlook to $2.28-$2.32 bln

* Company expects FY 2025 Adjusted EBITDA of $480-$490 mln

* BellRing anticipates FY 2025 capital expenditures of $9 mln

Result Drivers

* PREMIER PROTEIN - Strong consumption and distribution gains drove Premier Protein sales growth, per CEO Darcy H. Davenport

* PRICE/MIX ADJUSTMENTS - Sales benefited from price increases to offset cost inflation, partially offset by promotional activity

* VOLUME GROWTH - Dymatize sales increased due to higher international volumes and new product introductions

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales Beat $547.50 $531.30

mln mln (13

Analysts

)

Q3 Beat $0.55 $0.5 (13

Adjusted Analysts

EPS )

Q3 EPS $0.16

Q3 Beat $120.30 $112.60

Adjusted mln mln (11

EBITDA Analysts

)

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the food processing peer group is "hold."

* Wall Street's median 12-month price target for Bellring Brands Inc ( BRBR ) is $78.00, about 31.2% above its August 4 closing price of $53.64

* The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 32 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)