8-K
filed February 5, 2024, 6:59 PM ET
ticker BRBR
CIK 0001772016
earnings
confidence high
sentiment positive
materiality 0.75
BellRing Brands Q1 net sales $430.4M, raises FY2024 outlook
BELLRING BRANDS, INC.
2024-Q1 EPS reported
$0.33
revenue$430,400,000
- Q1 net sales $430.4M; operating profit $73.0M; net earnings $43.9M.
- Adjusted EBITDA $100.5M; cash from operations $74.2M.
- FY2024 net sales guidance raised to $1.87-$1.95B; Adjusted EBITDA guidance raised to $375-$400M.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
BELLRING BRANDS, INC. reported first fiscal quarter ended December 31, 2023 results: revenue $430.4 million, net income $43.9 million. Guidance raised.
- Period
- first fiscal quarter ended December 31, 2023
- Revenue
- $430.4 million
- Net income
- $43.9 million
- Guidance
- raised
- Result
- reported results
Exact text from the filing
operating in the global convenient nutrition category, today reported results for the first fiscal quarter ended December 31, 2023. Highlights: • First quarter net sales of $430.4 million • Operating profit of $73.0 million, net earnings of $43.9 million and Adjusted EBITDA* of $100.5 million • Generated $74.2 million in cash from operations • Raised fiscal year
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
BELLRING BRANDS, INC. shareholders approved Each of the nominees for director were elected to serve until the Company’s annual meeting of stockholders to be held in 2027 or until their respective successors are elected and qualified at the 2024-01-31 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-01-31
Exact text from the filing
Proposal 1: Each of the nominees for director were elected to serve until the Company’s annual meeting of stockholders to be held in 2027 or until their respective successors are elected and qualified, by the votes set forth in the table below: Nominee For Withhold Broker Non-Votes Percentage of Votes Cast For Shawn W. Conway 118,126,073 811,585 3,010,597 99.32% Thomas P. Erickson 82,592,518 36,345,140 3,010,597 69.44% Jennifer K. Johnson 87,001,178 31,936,480 3,010,597 73.15%
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
BELLRING BRANDS, INC. shareholders approved The Company's executive compensation as described in the Company's Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on December 14, 2023, was approved by the non-binding advisory votes of the stockholders at the 2024-01-31 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2024-01-31
Exact text from the filing
Proposal 3: The Company's executive compensation as described in the Company's Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on December 14, 2023, was approved by the non-binding advisory votes of the stockholders set forth in the table below: For Against Abstain Broker Non-Votes Percentage of Votes Cast For 116,481,876 2,296,970.00 158,850 3,010,597 97.94%
View on SEC.gov
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