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Primo Brands (PRMB)
NYSE:PRMB
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: -3.01%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted Primo Brands' strong first-quarter performance with significant growth in net sales and EBITDA, driven by volume increases and successful cost synergy capture. Premium brands showed substantial growth, and the company is expanding distribution channels. However, challenges include the impact of a tornado on the Hawkins facility, minimal pricing contribution to sales growth, and tariff exposure on the dispenser business. Overall, the positive achievements outweigh the lowlights, leading to a favorable outlook.Company Guidance
During Primo Brands Corporation's First Quarter 2025 Earnings Conference Call, the company provided guidance indicating robust performance and strategic initiatives for the full year. The first quarter saw comparable net sales of $1.61 billion, a 3% increase driven by a 2.8% volume rise and a 0.2% price or mix growth. Organic growth contributed 2.6%, while inorganic growth added 0.4%. Adjusted EBITDA increased by 12.1% to $342 million, achieving a margin of 21.2%, which was a 170 basis point improvement over the prior year. The company reaffirmed its net sales guidance of 3% to 5% growth for 2025, boosted by new distribution and reset implementations. Cost synergy opportunities are expected to reach $200 million in 2025 and $300 million by 2026. Strategic focuses include brand leadership, net organic growth, superior customer service, and operational excellence, leveraging synergies and optimizing costs as the company integrates following a merger.Strong First Quarter Performance
Primo Brands reported a 3% increase in comparable net sales to $1.61 billion, driven by a 2.8% volume increase and price/mix growth of 0.2%. Normalized comparable net sales growth was 4.2% when accounting for the leap day impact.
Significant EBITDA Growth
Comparable adjusted EBITDA rose to $342 million, marking a 12.1% increase compared to the prior year, with a margin of 21.2%, up 170 basis points.
Premium Brands Surge
Premium brands, Saratoga and Mountain Valley, reported a combined 49% net sales growth. Saratoga was named the official water of the Golden Globes, and Mountain Valley received endorsements from professional athletes.
Expansion and Distribution Gains
Primo Brands is adding over 5% incremental points of distribution in mass and grocery channels, including new six-count PET versions of Mountain Valley and Saratoga Spring waters in Walmart.
Successful Cost Synergy Capture
Achieved approximately $20 million in synergies during the first quarter as part of a broader $200 million synergy goal for 2025, contributing to EBITDA growth.
Strong Cash and Liquidity Position
Primo Brands reported $1.1 billion in total liquidity, supported by strong cash flow generation and recent divestitures.
PRMB Earnings History
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
PRMB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2025 | $32.86 | $32.32 | -1.64% |
Feb 20, 2025 | $32.72 | $32.49 | -0.70% |
Nov 07, 2024 | $25.34 | $24.29 | -4.14% |
Aug 08, 2024 | $20.90 | $20.52 | -1.82% |
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.
FAQ
When does Primo Brands (PRMB) report earnings?
Primo Brands (PRMB) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is Primo Brands (PRMB) earnings time?
Primo Brands (PRMB) earnings time is at Aug 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PRMB EPS forecast?
Currently, no data Available