Quarterly ResultMay 5, 2026, 07:02 AM
BellRing Q2 Net Sales $598.7M, Operating Profit $66M; FY26 Outlook Cut
AI Summary
BellRing Brands reported disappointing second fiscal quarter 2026 results, with net sales increasing 2% to $598.7 million. However, operating profit significantly decreased to $66.0 million and net earnings fell to $33.9 million, largely impacted by an $11.3 million inventory-related charge, unfavorable sales mix, and higher freight costs. Consequently, the company updated its fiscal year 2026 net sales outlook to $2.325-$2.365 billion and Adjusted EBITDA outlook to $315-$335 million, citing consumer price sensitivity and a sustained promotional environment. During the quarter, BellRing repurchased 1.2 million shares for $26.2 million.
Key Highlights
- Q2 Net Sales: $598.7 million, up 2% year-over-year.
- Q2 Operating Profit: $66.0 million, down from $95.1 million.
- Q2 Net Earnings: $33.9 million, down from $58.7 million.
- Q2 Diluted EPS: $0.29, down from $0.45 year-over-year.
- Updated FY2026 Net Sales Outlook: $2.325-$2.365 billion (0-2% growth).
- Updated FY2026 Adjusted EBITDA Outlook: $315-$335 million.
- Q2 Share Repurchases: 1.2 million shares for $26.2 million.
- Premier Protein net sales increased 1.7% on 11.3% volume growth.