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Dec 31, 2019
BellRing Q1 2020 Earnings Report
BellRing reported net sales of $244.0 million and operating profit of $49.3 million.
Key Takeaways
BellRing Brands reported a strong first quarter with net sales increasing by 31.3% to $244.0 million and operating profit increasing by 49.8% to $49.3 million. The growth was primarily driven by Premier Protein net sales, which increased 45.0%.
Net sales increased by 31.3% to $244.0 million.
Operating profit increased by 49.8% to $49.3 million.
Premier Protein net sales increased by 45.0%.
Reaffirmed fiscal year 2020 net sales guidance of $1.00-$1.05 billion.
BellRing
BellRing
BellRing Revenue by Segment
Revenue by Segment
Shakes & Other Beverages Revenue
CapyFin.com Forward Guidance
BellRing management continues to expect fiscal year 2020 net sales to range between $1.00-$1.05 billion, Adjusted EBITDA to range between $192-$202 million and capital expenditures of approximately $4 million.
Positive Outlook
- Net sales are expected to range between $1.00-$1.05 billion.
- Adjusted EBITDA is expected to range between $192-$202 million.
- Capital expenditures are expected to be approximately $4 million.