The earnings call reflected strong performance and strategic growth in key areas such as revenue, brand penetration, and innovation. However, legal and margin pressures, along with increased competition and future cost concerns, present challenges.

Company Guidance -

Q4 2025

During the BellRing Brands Third Quarter Fiscal Year 2025 Earnings Call, several key metrics and guidance insights were provided. The company reported net sales of $548 million, marking a 6% increase year-over-year, with adjusted EBITDA reaching $120 million, translating to a margin of 22%. Premier Protein's consumption grew by 19% in Q3, driven largely by volume gains which accounted for approximately 60% of this growth. The ready-to-drink (RTD) shake category experienced a 16% growth this quarter, with 70% of this growth stemming from volume. Premier Protein, holding a 25% market share in the RTD segment, contributed approximately a quarter of the category's growth. BellRing Brands' fiscal year 2025 guidance was tightened to a net sales range of $2.28 billion to $2.32 billion and adjusted EBITDA of $480 million to $490 million. The company anticipates ending the fiscal year with a net leverage below 2x, supported by strong operating cash flow expected in the fourth quarter.

Strong Revenue Growth

Net sales were $548 million, up 6% over the prior year, and adjusted EBITDA was $120 million.

Premier Protein Brand Performance

Premier Protein net sales grew 6% with both volume and pricing up 3%. The brand hit an all-time high in household penetration, reaching 21.6% of consumers.

Ready-to-Drink Shake Market Expansion

RTDs grew 16% this quarter with 70% of that growth coming from volume. Premier Protein contributed approximately 1/4 of that growth.

Successful Innovation Launches

Two new shake lines launched this year: Indulgence and Almondmilkshakes. Indulgence showed strong performance with half of sales driven by category expansion.

Positive Cash Flow and Share Repurchases

Generated $40 million in cash flow from operations in the third quarter and repurchased 1.3 million shares at an average price of $65.07 per share.

BellRing Brands (BRBR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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BRBR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 24, 2025	2025 (Q4)	0.56 / -	0.51	―	―	―
Aug 04, 2025	2025 (Q3)	0.51 / 0.55	0.54	1.85% (+0.01)
May 05, 2025	2025 (Q2)	0.53 / 0.53	0.45	17.78% (+0.08)
Feb 03, 2025	2025 (Q1)	0.48 / 0.58	0.43	34.88% (+0.15)
Nov 18, 2024	2024 (Q4)	0.50 / 0.51	0.41	24.39% (+0.10)
Aug 05, 2024	2024 (Q3)	0.44 / 0.54	0.34	58.82% (+0.20)
May 06, 2024	2024 (Q2)	0.34 / 0.45	0.24	87.50% (+0.21)
Feb 05, 2024	2024 (Q1)	0.40 / 0.43	0.33	30.30% (+0.10)
Nov 20, 2023	2023 (Q4)	0.40 / 0.41	0.31	32.26% (+0.10)
Aug 07, 2023	2023 (Q3)	0.32 / 0.34	0.31	9.68% (+0.03)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

BRBR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 04, 2025	$53.64	$36.18	-32.55%
May 05, 2025	$78.43	$63.55	-18.97%
Feb 03, 2025	$78.25	$74.92	-4.26%
Nov 18, 2024	$73.40	$73.26	-0.19%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.