11:51 AM EDT, 08/06/2025 (MT Newswires) -- Premium Brands Holdings ( PRBZF ) on Wednesday said its adjusted earnings and revenues beat expectations in the second quarter, as it reaffirmed 2025 sales and adjusted EBITDA guidance ranges.

The specialty food-products company posted adjusted earnings, excluding most one-time items, of $59.4 million, or $1.33 per share, rising from $56.9 million, or $1.28, in the prior-year quarter. It beat the consensus FactSet 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.% and 98%, 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.

Premium Brands ( PRBZF ) shares were last seen up $6.48 to $92.58 on the Toronto Stock Exchange.

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