BellRing Q1 net sales $537M (+1% YoY); CEO Darcy Davenport to retire by Sep 30, 2026

BELLRING BRANDS, INC.

Q1 net sales $537.3M (+1% YoY); net earnings $43.7M; Adj EBITDA $90.3M.
Narrowed FY2026 outlook: net sales $2.41-$2.46B, Adj EBITDA $425-$440M.
Repurchased $97M (~2.5% of shares) in Q1.
CEO Darcy Davenport to retire by Sep 30, 2026 or upon successor appointment; external search.
Retirement not due to any disagreement; Davenport will serve in advisory role post-transition.

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