BellRing (NYSE:BRBR) Q2 wins boost full year outlook surge
BellRing Brands (NYSE:BRBR) announced its results for the second fiscal quarter ended March 31, 2024, witnessing a robust performance that has notably led to an upward revision of its full-year outlook.
The company reported significant gains with second-quarter net sales reaching $494.6 million, and an operating profit of $91 million.
Net earnings stood at $57.2 million, with adjusted EBITDA hitting $103.7 million.
These positive figures have prompted BellRing to elevate its fiscal year 2024 net sales forecast to between $1.93 billion and $1.99 billion, and its adjusted EBITDA expectations to $400-$420 million.
Full story: https://grafa.com/news/bellring--nyse-brbr--q2-wins-boost-full-year-outlook-surge-218358
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