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Mar 31, 2020
BellRing Q2 2020 Earnings Report
Reported results for the second quarter of fiscal year 2020 and reaffirmed fiscal year 2020 outlook.
Key Takeaways
BellRing Brands reported a net sales increase of 18.9% to $257.5 million for the second quarter of fiscal year 2020. Operating profit was $35.1 million, and net earnings available to Class A common stockholders were $4.2 million. The company reaffirmed its fiscal year 2020 outlook.
Net sales increased by 18.9% to $257.5 million.
Premier Protein net sales increased 25.8%, driven by volume growth.
Operating profit was $35.1 million.
Adjusted EBITDA was $43.4 million.
Forward Guidance
BellRing management has affirmed its fiscal year 2020 outlook and continues to expect net sales to range between $1.00-$1.05 billion, Adjusted EBITDA to range between $192-$202 million and capital expenditures to be approximately $4 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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