BellRing Q3 Revenue Beats but EBITDA Plunges 35% on Inventory Charges; FY Outlook Cut
BRBR sits 38% above its 52-week low of $7.82.
Summary
BellRing's Q3 net sales of $570.4M (+4% YoY) topped expectations, but Adjusted EBITDA crashed 35% to $78.3M, hammered by a $10M inventory charge and persistent input cost inflation. The company slashed its full-year Adjusted EBITDA guidance to $275-$295M, well below prior expectations, citing a $28M full-year hit from inventory actions. This follows a Q2 earnings decline and negative operating cash flow, deepening the profitability crisis. New CEO Michael Axelrod, appointed just weeks ago, faces immediate pressure to stabilize margins amid tariff-driven cost pressures and promotional spending. The stock, already down sharply this year, may see further selling as the outlook reset signals more pain ahead.
Updates
· SEC 10-Q — 10-Q shows Q3 net earnings of $34.2M, diluted EPS of $0.29, and long-term debt of $1,135.3M as of June 30, 2026.
At the time of this announcement, BRBR was trading at $10.80 on NYSE in the Trade & Services sector, with a market capitalization of approximately $1.5B. The 52-week trading range was $7.82 to $54.80. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.