earnings
confidence high
sentiment positive
materiality 0.75
BellRing Q2 net sales +11.7% to $315.2M; raises FY2022 guidance
BELLRING BRANDS, INC.
2022-Q2 EPS reported
$0.19
revenue$621,700,000
- Net sales $315.2M (+11.7% YoY); Premier Protein RTD +8.4%, Dymatize +54.9%.
- Adjusted EBITDA $50.9M (+20.6%); GAAP EPS $0.02, adjusted EPS $0.23 (vs $0.13).
- FY2022 guidance raised: net sales $1.39-1.43B, adj. EBITDA $258-268M.
- Gross margin contracted to 27.6% from 30.8% on higher dairy, freight costs.
- Spin-off from Post completed March 10; $840M 7% senior notes issued, total debt $949M.