08:28 AM EDT, 05/07/2025 (MT Newswires) -- Premium Brands Holdings ( PRBZF ) on Wednesday said first-quarter adjusted earnings and revenue rose and beat forecasts.

The company, which produces specialty foods, said adjusted earnings, which exclude most one-time items, rose to $30.5 million, or $0.68 per share, compared with $24 million, or $0.54 per share. That topped the consensus analysts' estimate of $0.67 per share, according to Capital IQ.

Revenue increased 15% to $1.68 billion, beating the $1.59 billion expected. The Specialty Foods division's total U.S. sales, which represented 69% of the quarter's total, grew by $176.6 million to $804.4 million. The increase was due to acquisitions and organic volume growth.

The company reaffirmed its 2025 sales guidance of $7.2 billion to $7.4 billion.