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Sep 30, 2022

BellRing Q4 2022 Earnings Report

Reported results for the fourth quarter and fiscal year ended September 30, 2022.

Key Takeaways

BellRing Brands reported Q4 net sales of $379.2 million, an 11.5% increase compared to the prior year period. Operating profit was $61.1 million, and net earnings available to common stockholders were $33.7 million. Adjusted EBITDA was $79.9 million, a 32.1% increase.

Fourth quarter net sales reached $379.2 million, with an operating profit of $61.1 million and net earnings of $33.7 million.

Fiscal year net sales amounted to $1,371.5 million, resulting in an operating profit of $212.4 million and net earnings of $82.3 million.

Premier Protein net sales increased by 10.1%, while Dymatize net sales increased by 31.6%.

Fiscal year 2023 net sales and Adjusted EBITDA are expected to range between $1.56-$1.64 billion and $300-$325 million, respectively.

Total Revenue
$379M
Previous year: $340M
+11.5%
EPS
$0.31
Previous year: $0.25
+24.0%
Premier Protein Volume Growth
-9.2%
Previous year: 13.6%
-167.6%
Gross Profit
$122M
Previous year: $96M
+27.4%
Cash and Equivalents
$35.8M
Previous year: $153M
-76.5%
Total Assets
$707M
Previous year: $697M
+1.5%

BellRing

BellRing

BellRing Revenue by Segment

Forward Guidance

For fiscal year 2023, BellRing management expects net sales to range between $1.56-$1.64 billion and Adjusted EBITDA to range between $300-$325 million.