07:31 AM EST, 11/10/2025 (MT Newswires) -- Premium Brands Holdings ( PRBZF ) Monday reported higher third-quarter adjusted earnings and revenue.

Adjusted earnings rose to $56.8 million, or $1.27 per share, from $49.4 million, or $1.11 per share. Analysts polled by FactSet had forecast $1.40 per share.

Revenue jumped 13% to $2 billion, from $1.67 billion, beating the $1.89 billion forecast. Premium brands reported organic volume growth of 10.3%, or $145 million. It noted progress on its Specialty Foods' core U.S. growth initiatives in protein, sandwiches and artisan baked goods, which generated a combined organic volume growth rate of 24.3%

The company increased and narrowed its 2025 sales guidance range to $7.4 billion to $7.5 billion as its various growth initiatives take hold. Adjusted EBITDA guidance range was trimmed and narrowed to $670 million to $680 million based on the impact of the higher cost of beef raw materials.

Premium Brands ( PRBZF ) will pay a quarterly dividend of $0.85 per share on Jan. 15.

"The North American food industry is undergoing significant disruption and is at a major inflection point as consumers shift to choosing foods with clean, wholesome protein-centric ingredients and reduce or eliminate their consumption of ultra-processed foods high in sugars, unhealthy fats and artificial colors, flavors and preservatives. We have invested heavily in the product development and state-of-the-art capacity needed to cater to this shift and are now seeing the benefits of this investment with our three core U.S. market-focused initiatives in protein, sandwiches and artisan baked goods generating organic volume growth rates in the quarter of 21%, 24% and 57%, respectively. In total, this represents $145 million of organic volume growth," said chief executive George Paleologou.