BellRing Q3 net sales $445.9M, raises FY2023 outlook; appoints Shawn Conway to board

BELLRING BRANDS, INC.

2023-Q3 EPS reported $0.89 revenue$1,194,200,000

Q3 net sales $445.9M, operating profit $76.0M, net earnings $44.3M, Adjusted EBITDA $86.9M.
Raised FY2023 guidance: net sales to $1.63-$1.67B, Adjusted EBITDA to $330-$338M.
Generated $110.4M cash from operations during the quarter.
Appointed Shawn Conway to Board of Directors, effective Oct 1, 2023; also on Audit Committee. Board expands to seven members.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Shawn W. Conway

Director

BRBR · BELLRING BRANDS, INC.

Effective: 2023-10-01
Filed: August 7, 2023, 7:59 PM ET

On August 2, 2023, the Board of Directors (the “Board”) of the Company appointed Shawn W. Conway to serve as a Class II director of the Board, effective October 1, 2023.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BELLRING BRANDS, INC. updated its third fiscal quarter ended June 30, 2023 guidance (raised).

Period: third fiscal quarter ended June 30, 2023
Guidance: raised
Result: reported results

Exact text from the filing

On August 7, 2023, BellRing Brands, Inc. (the "Company") issued a press release announcing results for its third fiscal quarter ended June 30, 2023.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Shawn W. Conway was appointed as Director at BELLRING BRANDS, INC..

Action: appointed
Role: Director

Exact text from the filing

On August 2, 2023, the Board of Directors (the “Board”) of the Company appointed Shawn W. Conway to serve as a Class II director of the Board, effective October 1, 2023.

View on SEC.gov

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BELLRING BRANDS, INC. filing history →

Source: SEC EDGAR

accession 0001772016-23-000058

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