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Stock impact report

BellRing Brands Reports Results for the Fourth Quarter and Fiscal Year 2020

BellRing Brands, Inc. (BRBR) 
Last bellring brands, inc. earnings: 2/6 05:00 pm Check Earnings Report
Company Research Source: GlobeNewswire
ST. LOUIS, Nov. 19, 2020 (GLOBE NEWSWIRE) -- BellRing Brands, Inc. (NYSE:BRBR) (“BellRing”), a holding company operating in the global convenient nutrition category, today reported results for the fourth quarter and fiscal year ended September 30, 2020. Highlights: Fourth quarter net sales of $282.6 million; operating profit of $49.0 million; net earnings available to Class A common stockholders of $10.0 million and Adjusted EBITDA of $56.7 millionFiscal year net sales of $988.3 million; operating profit of $164.0 million; net earnings available to Class A common stockholders of $23.5 million and Adjusted EBITDA of $197.2 million Fiscal year 2021 net sales and Adjusted EBITDA expected to grow 8%-13% and 5%-10%, respectively, over fiscal year 2020 (resulting in a net sales range of $1.07-$1.12 billion and an Adjusted EBITDA range of $207-$217 million) Fourth Quarter Operating Results Net sales were $282.6 million, an increase of 31.7%, or $68.1 million, compared to the prior year Show less Read more
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