09:19 AM EDT, 08/06/2025 (MT Newswires) -- Premium Brands Holdings ( PRBZF ) , a producer, marketer and distributor of branded specialty food products, said Wednesday that its adjusted earnings and revenues beat expectations in the second quarter, while it reaffirmed 2025 sales and adjusted EBITDA guidance ranges.

The company posted adjusted earnings of $59.4 million, or $1.33 per share, rising from $56.9 million, or $1.28 per share. It beat a consensus forecast at Forecast of $1.28.

Revenue was up to $1.915 billion from $1.70 billion, beating a consensus at FactSet of $1.87 billion. It cited "solid" progress on Specialty Foods' core U.S. growth initiatives in protein and artisan baked goods, which for the quarter generated organic volume growth rates of 15.0% and 98.1%, respectively. It said Specialty Foods' U.S. year-over-year growth rate for sandwich products was impacted by channel fill sales associated with a major new product launch in Q2 of 2024. Including acquisitions, Specialty Foods' total U.S. sales, which represented 64.3% of its second quarter sales, grew by $140.5 million to $843.7 million.

Also, adjusted EBITDA improved to $177.1 million from $164.6 million.

Premium Brands ( PRBZF ) reaffirmed its 2025 sales guidance range of $7.2 billion to $7.4 billion, and adjusted EBITDA target of $680 million to $700 million.

The company declared a dividend of $0.85 per share for the third quarter.

PBH was down more than 1% on the TSX yesterday.