NYSE$BRBR

BellRing Brands Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

BellRing reported net sales of $244.0 million and operating profit of $49.3 million.

BellRing Brands reported a strong first quarter with net sales increasing by 31.3% to $244.0 million and operating profit increasing by 49.8% to $49.3 million. The growth was primarily driven by Premier Protein net sales, which increased 45.0%.

  • Net sales increased by 31.3% to $244.0 million.
  • Operating profit increased by 49.8% to $49.3 million.
  • Premier Protein net sales increased by 45.0%.
  • Reaffirmed fiscal year 2020 net sales guidance of $1.00-$1.05 billion.

Headline financials

Total Revenue

$244M

Previous: $186M+31.3%
EPS (adj)

$0.16

Previous: $0.73-78.1%
Volume growth

38.4%

No prior period
Free Cash Flow

$6M

No prior period
Net Income

$6M

Previous: $25.1M-76.1%
Operating Income

$49.3M

Previous: $32.9M+49.8%
Gross Profit

$91.3M

Previous: $65.6M+39.2%
Cash & Equivalents

$29.9M

No prior period
Total Assets

$671M

No prior period
Stock-Based Comp

$300K

No prior period

Revenue & EPS history

BellRing · Revenue · Quarterly

$244M

Q1 2020+31.3%vs Q1 2019
Beat estimate in 6 of 9 quarters(67%)
ActualEstimate

Forward guidance

BellRing management continues to expect fiscal year 2020 net sales to range between $1.00-$1.05 billion, Adjusted EBITDA to range between $192-$202 million and capital expenditures of approximately $4 million.

Tailwinds

  • Net sales are expected to range between $1.00-$1.05 billion.
  • Adjusted EBITDA is expected to range between $192-$202 million.
  • Capital expenditures are expected to be approximately $4 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-2.1%

Avg return

Earnings day

+1.2%

Avg return

5 days after

+3.4%

Avg return

30 days after

50%

13 / 26 earnings

Positive

+15.4%

Q2 2020

Best reaction

-39.1%

Q2 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-39.1%-11.8%-17.6%
Q1 2026-14.3%-20.0%-30.4%
Q4 2025+2.6%+16.2%+14.3%
Q2 2025-18.9%-22.5%-21.4%
Q1 2025-4.3%-2.2%-12.6%
Q4 2024+1.6%+9.0%+4.7%
Q3 2024+6.2%+9.8%+13.2%
Q2 2024+1.8%+4.2%+6.3%
Q1 2024+0.0%+4.5%+6.1%
Q4 2023+7.2%+10.1%+21.6%
Q3 2023+4.9%+4.2%+14.1%
Q2 2023-1.4%-0.5%-2.2%
Q1 2023+3.6%+4.9%+7.0%
Q4 2022-10.0%-3.5%-1.4%
Q3 2022-2.0%-7.0%-9.0%
Q2 2022+13.1%+10.9%+20.1%
Q1 2022-4.3%+9.4%+7.5%
Q4 2021-10.6%-4.0%+3.4%
Q3 2021-7.2%-5.2%+4.5%
Q2 2021+2.8%+8.4%+12.8%
Q1 2021-1.0%-1.3%-4.9%
Q4 2020+3.4%+2.4%+18.3%
Q3 2020-4.3%-8.7%-5.2%
Q2 2020+15.4%+24.5%+38.4%
Q1 2020-6.5%-3.4%-15.1%
Q4 2019+5.5%+3.8%+14.6%
Q3 2019
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2017

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