BellRing Brands Inc · Q4 2022 earnings

Briefing

Reported results for the fourth quarter and fiscal year ended September 30, 2022.

BellRing Brands reported Q4 net sales of $379.2 million, an 11.5% increase compared to the prior year period. Operating profit was $61.1 million, and net earnings available to common stockholders were $33.7 million. Adjusted EBITDA was $79.9 million, a 32.1% increase.

• Fourth quarter net sales reached $379.2 million, with an operating profit of $61.1 million and net earnings of $33.7 million.
• Fiscal year net sales amounted to $1,371.5 million, resulting in an operating profit of $212.4 million and net earnings of $82.3 million.
• Premier Protein net sales increased by 10.1%, while Dymatize net sales increased by 31.6%.
• Fiscal year 2023 net sales and Adjusted EBITDA are expected to range between $1.56-$1.64 billion and $300-$325 million, respectively.

Headline financials

Revenue & EPS history

For fiscal year 2023, BellRing management expects net sales to range between $1.56-$1.64 billion and Adjusted EBITDA to range between $300-$325 million.