BellRing Brands, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended September 30, 2023
November 20, 2023 at 10:00 pm
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BellRing Brands, Inc. reported earnings results for the fourth quarter and full year ended September 30, 2023. For the fourth quarter, the company reported sales was USD 472.6 million compared to USD 379.2 million a year ago. Net income was USD 46.1 million compared to USD 33.7 million a year ago. Basic earnings per share from continuing operations was USD 0.35 compared to USD 0.25 a year ago. Diluted earnings per share from continuing operations was USD 0.35 compared to USD 0.25 a year ago.
For the full year, sales was USD 1,666.8 million compared to USD 1,371.5 million a year ago. Net income was USD 165.5 million compared to USD 82.3 million a year ago. Basic earnings per share from continuing operations was USD 1.24 compared to USD 0.88 a year ago. Diluted earnings per share from continuing operations was USD 1.23 compared to USD 0.88 a year ago.
BellRing Brands, Inc., formerly BellRing Distribution LLC, is a consumer product holding company. The Company is a provider of ready-to-drink (RTD) protein shakes, other RTD beverages, powders, nutrition bars and nutritional supplements. It operates through protein-based consumer goods. The Companyâs primary brands are Premier Protein and Dymatize. Premier Proteinâs product portfolio consists of RTD protein shakes, refreshing protein beverages, nutrition bars and protein powders. Dymatize brandâs portfolio includes an assortment of sports nutrition products, including primarily protein powders as well as nutritional supplements. Its products are distributed across a diverse network of channels, including club, food, drug and mass (FDM), e-commerce, specialty and convenience.