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Sep 30, 2024

BellRing Q4 2024 Earnings Report

Reported results for the fourth quarter and fiscal year ended September 30, 2024.

Key Takeaways

BellRing Brands reported strong Q4 2024 results, with net sales of $555.8 million, operating profit of $112.1 million, and net earnings of $71.7 million. The company's performance was driven by accelerated Premier Protein consumption and significant distribution gains. Fiscal year 2025 net sales and Adjusted EBITDA are expected to range between $2.24-$2.32 billion and $460-$490 million, respectively.

Fourth quarter net sales reached $555.8 million.

Operating profit for the fourth quarter was $112.1 million.

Net earnings for the fourth quarter totaled $71.7 million.

Adjusted EBITDA for the fourth quarter was $116.5 million.

Total Revenue
$556M
Previous year: $473M
+17.6%
EPS
$0.51
Previous year: $0.41
+24.4%
Premier Protein Volume Growth
18.9%
Previous year: 19.4%
-2.6%
Gross Profit
$205M
Previous year: $155M
+32.1%
Cash and Equivalents
$71.1M
Previous year: $48.4M
+46.9%
Free Cash Flow
$38.9M
Total Assets
$837M
Previous year: $692M
+21.0%

BellRing

BellRing

Forward Guidance

For fiscal year 2025, BellRing management expects net sales to range between $2.24-$2.32 billion and Adjusted EBITDA to range between $460-$490 million.

Positive Outlook

  • Net sales expected to range between $2.24-$2.32 billion.
  • Adjusted EBITDA expected to range between $460-$490 million.
  • Net sales growth of 12%-16% over fiscal year 2024.
  • Adjusted EBITDA growth of 5%-11% over fiscal year 2024.
  • Capital expenditures of approximately $7 million.