financetom
Business
financetom
/
Business
/
Premium Brands Q4 Earnings Decreases; Declared Q1 Dividend of $0.85 Per Common Share
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Premium Brands Q4 Earnings Decreases; Declared Q1 Dividend of $0.85 Per Common Share
Mar 19, 2026 5:23 AM

07:54 AM EDT, 03/19/2026 (MT Newswires) -- Premium Brands Holdings ( PRBZF ) on Thursday reported a decrease in earnings in the fourth quarter even as revenue rose year-over-year.

For the three months ended Dec. 27, 2025, the company reported earnings of $11.7 million or adjusted earnings per share of $1.29 compared with $37.3 million or $1.05 EPS, a year-ago. The result beat a consensus estimate compiled by FactSet of $1.28 EPS.

Revenue increased to $1.90 billion in the quarter compared with $1.64 billion, a year-ago, missing a consensus estimate compiled by FactSet of $1.92 billion.

For 2026, the company expects revenue to be between $9.25 billion and $9.55 billion. The consensus estimate compiled by FactSet for 2026 revenue is $9.60 billion.

"Looking forward, despite ongoing uncertainty, including recent geopolitical developments and concerns about the North American consumer, we are very well positioned to continue delivering record financial performance for 2026 and beyond," said Premium Brands ( PRBZF ) Chief Executive George Paleologou. "As the largest capex cycle in our history nears completion, we now have the capacity to support the continued growth of our unique portfolio of great food businesses, led by entrepreneurial management teams with an unrelenting passion for innovation and disrupting the traditional food space."

The company also announced that its board approved a cash dividend of $0.85 per share for the first quarter of 2026, unchanged from the prior quarter, payable on April 15, to shareholders of record at the close of business on March 31. It also said that John Hatherly has been appointed as an independent non-executive director of the company, effective March 1.

Shares of the company closed down 3.4% to $93.12 on Wednesday on the Toronto Stock Exchange.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved