Published on 7 May 2024 on GuruFocus.com via Yahoo Finance

BellRing Brands Inc (BRBR) Surpasses Analyst Revenue Forecasts in Q2, Raises Full-Year Outlook

Net Sales: Reported $494.6 million, a 28.3% increase from the previous year, surpassing estimates of $467.22 million.Net Earnings: Reached $57.2 million, up 85.1% year-over-year, exceeding estimates of $48.07 million.Earnings Per Share (EPS): Achieved $0.43 per diluted share, significantly higher than the estimated $0.33.Gross Profit Margin: Improved to 33.2% of net sales, up from 30.4% in the prior year period.Operating Profit: Increased by 56.9% to $91.0 million compared to the previous year.Adjusted EBITDA: Grew by 52.5% to $103.7 million from the prior year's $68.0 million.Fiscal Year Outlook: Raised net sales forecast to $1.93-$1.99 billion and Adjusted EBITDA to $400-$420 million.

Warning! GuruFocus has detected 5 Warning Signs with BRBR.