BellRing Brands

BRBR Q3 2025 Earnings

Reported Aug 4, 2025 at 5:12 PM ET · SEC Source

Q3 25 EPS

$0.55

BEAT +9.93%

Est. $0.50

Q3 25 Revenue

$547.5M

BEAT +3.00%

Est. $531.6M

vs S&P Since Q3 25

-95.7%

TRAILING MARKET

BRBR -78.9% vs S&P +16.8%

Market Reaction

Did BRBR Beat Earnings? Q3 2025 Results

BellRing Brands posted a stronger-than-expected third fiscal quarter, with adjusted diluted EPS of $0.55 beating the $0.50 consensus estimate by 9.93% and revenue of $547.50 million clearing the $531.57 million forecast by 3.00%, rising 6.2% year-ove… Read more BellRing Brands posted a stronger-than-expected third fiscal quarter, with adjusted diluted EPS of $0.55 beating the $0.50 consensus estimate by 9.93% and revenue of $547.50 million clearing the $531.57 million forecast by 3.00%, rising 6.2% year-over-year on a 3.5% volume increase and 2.7% price/mix improvement. The headline results, however, were overshadowed by a $68.10 million legal provision tied to a $90.00 million class-wide settlement in principle for long-standing Joint Juice litigation dating to 2013, which drove GAAP operating profit down 59.9% to $44.80 million and pushed GAAP net earnings 71.5% lower to $21.00 million. Adjusted EBITDA held at $120.30 million, essentially flat year-over-year, while Premier Protein RTD shakes led underlying momentum with net sales growth of 5.9% and dollar consumption up 18.6%. Looking ahead, BellRing narrowed its fiscal 2025 outlook to net sales of $2.28 billion to $2.32 billion and Adjusted EBITDA of $480.00 million to $490.00 million, with management attributing the tighter range to minor shipment timing shifts rather than any change in business trajectory.

Key Takeaways

  • Premier Protein RTD shake consumption grew 18.6% in the 13-week period
  • Premier Protein powder consumption grew 27.2%
  • Volume growth of 3.5% and price/mix increase of 2.7%
  • Distribution gains and incremental promotional activity
  • Higher average net selling prices driven by price increases to offset cost inflation
  • Premier Protein household penetration reached 21.6% with category-leading 24.8% RTD market share
  • Dymatize international volume growth and new product introductions
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BRBR YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

“We are pleased with our third quarter performance, which reflects the strength and continued momentum of our business. Premier Protein consumption remained robust, supported by strong velocities and sustained category-leading market share. We achieved record levels of household penetration and distribution, while maintaining industry-best loyalty metrics. Additionally, our innovation strategy is delivering, as new products across both brands are gaining traction and contributing to our growth.”

— Darcy H. Davenport, Q3 2025 Earnings Press Release