02:34 PM EDT, 08/08/2025 (MT Newswires) -- Primo Brands' ( PRMB ) "worst appears behind" the company, BofA analysts said in a Thursday note, calling the 2025 sales shortfall primarily one-time in nature.

The brokerage however reduced its 2025 and 2026 forecasts for the company.

BofA now expects the beverage company to log in fiscal 2025 sales of $6.75 billion, down from previous estimate of $6.90 billion. For 2026, sales estimates are now at $6.99 billion, down from $7.19 billion earlier.

Primo Brands ( PRMB ) on Thursday reported second-quarter results that missed expectations and revised its outlook owing to supply interruptions from tornado damage and poor weather, exit from office coffee business and impact of tariffs.

BofA reiterated its buy rating on the stock and reduced its price target to $32 from $39.

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