NYSE$BRBR

BellRing Brands Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported an increase in net sales and operating profit compared to the prior year period, and raised fiscal year 2021 net sales and Adjusted EBITDA guidance.

BellRing Brands reported strong results for the third quarter of fiscal year 2021, with net sales increasing by 67.8% to $342.6 million and operating profit increasing by 68.3% to $51.5 million. The company raised its fiscal year 2021 net sales guidance to $1.25-$1.28 billion and Adjusted EBITDA guidance to $230-$236 million.

  • Net sales increased by 67.8% to $342.6 million.
  • Operating profit increased by 68.3% to $51.5 million.
  • Premier Protein net sales increased 64.9%, with volumes up 60.0%.
  • Dymatize net sales increased 98.5%, with volumes up 76.8%.

Headline financials

Total Revenue

$343M

Previous: $204M+67.8%
EPS (adj)

$0.30

Previous: $0.08+275.0%
Free Cash Flow

$9.5M

Previous: $3.3M+187.9%
Net Income

$9.5M

Previous: $3.3M+187.9%
Operating Income

$51.5M

Previous: $30.6M+68.3%
Gross Profit

$111M

Previous: $68.7M+62.0%
Cash & Equivalents

$89.4M

Previous: $22.5M+297.3%
Total Assets

$685M

Previous: $660M+3.9%
Stock-Based Comp

$1.2M

Previous: $700K+71.4%

Revenue & EPS history

BellRing · Revenue · Quarterly

$343M

Q3 2021+67.8%vs Q3 2020
Beat estimate in 8 of 11 quarters(73%)
ActualEstimate

Forward guidance

BellRing management has raised its guidance range for fiscal year 2021 for net sales to $1.25-$1.28 billion from $1.17-$1.20 billion and Adjusted EBITDA to $230-$236 million from $214-$220 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 Q3 2021

Historical avgQ3 2021

-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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