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Jun 30, 2021
BellRing Q3 2021 Earnings Report
Reported an increase in net sales and operating profit compared to the prior year period, and raised fiscal year 2021 net sales and Adjusted EBITDA guidance.
Key Takeaways
BellRing Brands reported strong results for the third quarter of fiscal year 2021, with net sales increasing by 67.8% to $342.6 million and operating profit increasing by 68.3% to $51.5 million. The company raised its fiscal year 2021 net sales guidance to $1.25-$1.28 billion and Adjusted EBITDA guidance to $230-$236 million.
Net sales increased by 67.8% to $342.6 million.
Operating profit increased by 68.3% to $51.5 million.
Premier Protein net sales increased 64.9%, with volumes up 60.0%.
Dymatize net sales increased 98.5%, with volumes up 76.8%.
BellRing
BellRing
Forward Guidance
BellRing management has raised its guidance range for fiscal year 2021 for net sales to $1.25-$1.28 billion from $1.17-$1.20 billion and Adjusted EBITDA to $230-$236 million from $214-$220 million.