secwatch.observer — SEC 8-K summary
======================================

Issuer:     Primo Brands Corp (PRMB)
CIK:        0002042694
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001279569-26-000400
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Primo Brands Q1 net sales up 0.8% to $1.63B; adj. EBITDA down 10.4%; raises organic sales growth outlook
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2042694/000127956926000400/0001279569-26-000400-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2042694/000127956926000400/primoform8k.htm
  HTML page:      https://secwatch.observer/filing/0001279569-26-000400

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer