earnings
confidence high
sentiment positive
materiality 0.75
BellRing Q3 net sales $370.6M (+8.2%), adj. EBITDA $80.8M; updates FY2022 guidance
BELLRING BRANDS, INC.
2022-Q3 EPS reported
$0.61
revenue$992,300,000
- Q3 net sales $370.6M (+8.2% YoY); Premier Protein +7.3% (volumes -9.4%), Dymatize +16.8% (volumes -28.0%).
- GAAP diluted EPS $0.29; adjusted diluted EPS $0.31.
- Adjusted EBITDA $80.8M (+14.6% YoY); nine-month adj. EBITDA $191.5M (+10.4%).
- FY2022 guidance: net sales $1.39-$1.42B, adj. EBITDA $262-$268M (growth 11-14% and 12-15% vs FY2021).
- Repurchased 0.1M shares for $2.4M in Q3; $47.6M remaining under authorization.