BellRing Brands, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2024
May 06, 2024 at 05:01 pm EDT
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BellRing Brands, Inc. reported earnings results for the second quarter and six months ended March 31, 2024. For the second quarter, the company reported sales was USD 494.6 million compared to USD 385.6 million a year ago. Net income was USD 57.2 million compared to USD 30.9 million a year ago. Basic earnings per share from continuing operations was USD 0.44 compared to USD 0.23 a year ago. Diluted earnings per share from continuing operations was USD 0.43 compared to USD 0.23 a year ago.
For the six months, sales was USD 925 million compared to USD 748.3 million a year ago. Net income was USD 101.1 million compared to USD 75.1 million a year ago. Basic earnings per share from continuing operations was USD 0.77 compared to USD 0.56 a year ago. Diluted earnings per share from continuing operations was USD 0.76 compared to USD 0.56 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.
BELLRING BRANDS, INC. 
