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Dec 31, 2024

BellRing Q1 2025 Earnings Report

Reported a strong first quarter with net sales increase and raised fiscal year 2025 outlook.

Key Takeaways

BellRing Brands reported a strong first quarter with a 23.8% increase in net sales to $532.9 million. The company raised its fiscal year 2025 net sales outlook to $2.26-$2.34 billion and Adjusted EBITDA outlook to $470-$500 million.

First quarter net sales reached $532.9 million.

Operating profit was $115.3 million, with net earnings at $76.9 million.

Adjusted EBITDA totaled $125.3 million.

Fiscal year 2025 net sales outlook raised to $2.26-$2.34 billion.

Total Revenue
$533M
Previous year: $430M
+23.8%
EPS
$0.58
Previous year: $0.43
+34.9%
Premier Protein Volume Growth
20.8%
Previous year: 19%
+9.5%
Gross Profit
$200M
Previous year: $148M
+34.9%
Cash and Equivalents
$49.6M
Previous year: $85M
-41.6%
Total Assets
$885M
Previous year: $716M
+23.7%

BellRing

BellRing

Forward Guidance

BellRing management has raised its guidance range for net sales to $2.26-$2.34 billion and Adjusted EBITDA to range between $470-$500 million for fiscal year 2025.

Positive Outlook

  • Net sales outlook raised to $2.26-$2.34 billion.
  • Adjusted EBITDA outlook raised to $470-$500 million.
  • Net sales growth of 13%-17% expected.
  • Adjusted EBITDA growth of 7%-14% expected.
  • Capital expenditures expected to be approximately $7 million.