BellRing Brands (BRBR) Misses Q1 EPS by 3c

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BellRing Brands Reports Results for the First Quarter of Fiscal Year 2020

February 6, 2020 5:01 PM EST

ST. LOUIS, Feb. 06, 2020 (GLOBE NEWSWIRE) -- BellRing Brands, Inc. (NYSE: BRBR) (BellRing), a holding company operating in the global convenient nutrition category, today reported results for the first fiscal quarter ended December 31, 2019.

Highlights:

Net sales of $244.0 millionOperating profit of $49.3 million; net earnings available to Class A common stockholders of $6.0 million and Adjusted EBITDA of $58.6 millionReaffirmed fiscal year 2020 net sales guidance of $1.00-$1.05 billion; Adjusted EBITDA (non-GAAP) guidance of $192-$202 million

First Quarter Operating... More