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 -

Q3 2025

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.

Primo Brands (PRMB) 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

Daily Earnings Calendar >

PRMB Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	- / -	―	―	―	―
Aug 07, 2025	2025 (Q2)	0.41 / 0.36	0.26	38.46% (+0.10)
May 08, 2025	2025 (Q1)	0.22 / 0.29	0.19	52.63% (+0.10)		―
Feb 20, 2025	2024 (Q4)	0.20 / 0.13	0.12	8.33% (+0.01)
Nov 07, 2024	2024 (Q3)	0.30 / 0.35	0.331	6.59% (+0.02)
Aug 08, 2024	2024 (Q2)	0.24 / 0.26	0.234	10.87% (+0.03)
May 09, 2024	2024 (Q1)	0.14 / 0.19	0.089	113.11% (+0.10)
Feb 22, 2024	2023 (Q4)	0.16 / 0.12	0.158	-25.35% (-0.04)
Nov 02, 2023	2023 (Q3)	0.27 / 0.33	0.213	55.29% (+0.12)
Aug 10, 2023	2023 (Q2)	0.20 / 0.23	0.195	20.15% (+0.04)

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
Aug 07, 2025	$26.41	$24.00	-9.13%
May 08, 2025	$32.75	$32.22	-1.62%
Feb 20, 2025	$32.61	$32.38	-0.71%
Nov 07, 2024	$25.26	$24.21	-4.16%

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 Nov 06, 2025, Before Open (Confirmed).

What is Primo Brands (PRMB) earnings time?

Primo Brands (PRMB) earnings time is at Nov 06, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

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What is PRMB EPS forecast?

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