Strong Performance of Quest Brand
Quest, which represented almost 2/3 of net sales in Q4, delivered year-over-year consumption growth of 11% in the quarter and expanded household penetration to 19%. Quest grew consumption by 12% and net sales by 13% on a 52-week basis for the fiscal year 2025.
Successful Integration and Growth of OWYN
OWYN's consumption grew 14% in the fourth quarter and 34% for the full year, with household penetration up 100 basis points to 4.2%.
Debt Repayment and Stock Repurchase
The company repaid $150 million of its term loan debt, bringing total repayments to $240 million, and repurchased nearly 1.6 million shares, or almost 2% of outstanding common stock, using approximately $51 million.
Expansion of Salty Snacks Capacity
The company is expanding capacity for its fast-growing Salty Snacks business with construction on an additional production line now in progress.