Primo Water Corporation ( (PRMB) ) has released its Q3 earnings. Here is a breakdown of the information Primo Water Corporation presented to its investors.
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Primo Brands Corporation is a leading North American beverage company specializing in healthy hydration products, offering a diverse range of responsibly sourced beverages and water dispensers across various channels and consumer occasions.
In its third-quarter 2025 earnings report, Primo Brands Corporation announced a significant increase in net sales, reaching $1,766.1 million, marking a $36 million rise from the previous quarter. The company also declared a quarterly dividend and announced a leadership transition with Eric Foss taking over as Chairman and CEO.
Key financial highlights include a 35.3% year-over-year increase in net sales, driven by the merger with BlueTriton and increased volumes. Adjusted EBITDA saw a 53.2% rise to $404.5 million, with an improved margin of 22.9%. Despite these gains, net income from continuing operations decreased to $40.5 million, reflecting a drop in net income per diluted share.
Primo Brands continues to focus on capturing cost synergies, reaffirming targets of $200 million for 2025 and $300 million for 2026. The company also revised its full-year guidance for net sales and adjusted EBITDA while maintaining its adjusted free cash flow outlook.
Looking ahead, Primo Brands aims to build on its post-merger milestones and strengthen its operational resilience, focusing on customer service and excellence as it moves into 2026 and beyond.