earnings
confidence high
sentiment neutral
materiality 0.65
Primo Brands Q1 net sales up 0.8% to $1.63B; adj. EBITDA down 10.4%; raises organic sales growth outlook
Primo Brands Corp
2026-Q1 EPS reported
$0.07
revenue$1,626,100,000
- Net sales $1.63B (+0.8% YoY); net income $27.3M ($0.07 diluted) vs $34.7M ($0.09) prior year.
- Adjusted EBITDA $306M (-10.4%); margin 18.8% (down 240 bps) on higher transport and integration costs.
- Raises FY2026 organic net sales growth to 1-3% (from 0-1%); adjusts EBITDA guidance to $1,465-1,515M.
- Adjusted free cash flow $128.6M vs $54.7M prior year; net debt $5.0B; net leverage ratio 3.52x.
- Share repurchases of $29M and dividends of $44.2M in Q1.
item 2.02item 9.01