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Stock impact report

Primo Brands (PRMB) Rockets 15% on Swing to Profits [Yahoo! Finance]

Primo Brands Corporation Class A (PRMB) 
Company Research Source: Yahoo! Finance
We recently published Wall Street Can't Keep Up: 10 Big Names on a High . Primo Brands Corp. (NYSE:PRMB) was one of the best performers on Thursday. Primo Brands extended its rally to a seventh consecutive day on Thursday, soaring 15.38 percent to finish at $22.65 apiece, as investor sentiment was bolstered by its return to profitability last year, overshadowing a weak growth outlook for this year. In an updated report, Primo Brands Corp. (NYSE:PRMB) said that it swung to a net income of $60.1 million from a $16.4 million net loss in 2024, while net sales jumped by 29 percent to $6.66 billion from $5.15 billion, thanks to strong sales from Primo Water due to the merger transaction. For the fourth quarter alone, net loss narrowed by 92 percent to $13 million from $157.7 million, while net sales increased by 10.7 percent to $1.55 billion from $1.40 billion. Primo Brands (PRMB) Rockets 15% on Swing to Profits svry/Shutterstock.com “2025 was a year of transition as we continu Show less Read more
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