NYSE$BRBR
BellRing Brands Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Reported increased net sales and operating profit, driven by volume growth and net input cost deflation.
BellRing Brands reported a strong second quarter with net sales of $494.6 million, a 28.3% increase year-over-year. Operating profit increased by 56.9% to $91.0 million, and net earnings rose by 85.1% to $57.2 million. The company raised its full-year net sales outlook to $1.93-$1.99 billion and Adjusted EBITDA outlook to $400-$420 million.
- Net sales increased by 28.3% to $494.6 million, driven by a 42.7% increase in volume.
- Operating profit increased by 56.9% to $91.0 million.
- Net earnings increased by 85.1% to $57.2 million.
- Fiscal year 2024 net sales outlook raised to $1.93-$1.99 billion and Adjusted EBITDA outlook raised to $400-$420 million.
Headline financials
Revenue & EPS history
BellRing · Revenue · Quarterly
$495M
Forward guidance
For fiscal year 2024, BellRing management has raised its guidance range for net sales to $1.93-$1.99 billion (from $1.87-$1.95 billion) and Adjusted EBITDA to $400-$420 million (from $375-$400 million). BellRing management expects fiscal year 2024 capital expenditures of approximately $4 million.
Tailwinds
- Net sales guidance raised to $1.93-$1.99 billion.
- Adjusted EBITDA guidance raised to $400-$420 million.
- Net sales growth of 16%-19% over fiscal year 2023 expected.
- Adjusted EBITDA growth of 18%-24% over fiscal year 2023 expected.
- Capital expenditures 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 Q2 2024
-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
| Quarter | Report date | Reaction (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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