ST. LOUIS, Feb. 29, 2024 (GLOBE NEWSWIRE) -- BellRing Brands, Inc. (NYSE:BRBR) today announced its Board of Directors approved a $300 million share repurchase authorization over the next two years, with share repurchases under the new authorization beginning on March 11, 2024. Subsequent to December 31, 2023 and as of February 29, 2024, BellRing repurchased 0.2 million shares of its common stock for $12.3 million at an average price of $53.58 per share. As of February 29, 2024, BellRing had repurchased appr ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks i ...

BellRing Brands (BRBR) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Since a cha ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, it's pretty easy to find cutting-edge growth sto ...

Have you been paying attention to shares of BellRing Brands (BRBR) ? Shares have been on the move with the stock up 9% over the past month. The stock hit a new 52-week high of $58.97 in the previous session. BellRing Brands has gained 6.2% since the start of the year compared to the 5.1% move for the Zacks Medical sector and the 4.3% return for the Zacks Medical - Products industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings ...

PALM BEACH, Fla., Feb. 07, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The Sports Nutrition Market has seen significant growth across multiple markets. Expanding client base that includes athletes, bodybuilders, and non-athletes who strive to live healthy lifestyles are the key market drivers enhancing the market growth. Over the projected period, the market growth for sports nutrition might be accelerated by increasing lifestyle consumers who use the products to meet daily nutritional needs r ...

BellRing Brands, Inc. (NYSE:BRBR) Q1 2024 Earnings Conference Call February 6, 2024 9:00 AM ET Company Participants Jennifer Meyer - Investor Relations Darcy Davenport - President & Chief Executive Officer Paul Rode - Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Pamela Kaufman - Morgan Stanley Ken Goldman - JPMorgan John Baumgartner - Mizuho Securities Matt Smith - Stifel Brian Holland - D.A. Davidson Jim Salera - Stephens Thomas Palmer - Citi Bryan Spillane - Bank of America ...

Cautionary Statement Regarding Forward-Looking Statements THESE RISKS AND UNCERTAINTIES INCLUDE, BUT ARE NOT LIMITED TO, THE FOLLOWING: • BellRing's dependence on a limited number of third-party contract manufacturers for the manufacturing of most of its products, including one manufacturer for the majority of its RTD protein shakes; • BellRing's ability to anticipate and respond to changes in consumer and customer preferences and behaviors and introduce new products; • legal and regulatory factors, such as ...

BellRing Brands (BRBR) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.26%. A quarter ago, it was expected that this nutritional supplements company would post earnings of $0.40 per share when it actually produced earnings of $0.41, delivering a surprise of 2.50%.Over the last four ...

ST. LOUIS, Feb. 05, 2024 (GLOBE NEWSWIRE) -- BellRing Brands, Inc. (NYSE:BRBR) ("BellRing"), a holding company operating in the global convenient nutrition category, today reported results for the first fiscal quarter ended December 31, 2023. Highlights: First quarter net sales of $430.4 millionOperating profit of $73.0 million, net earnings of $43.9 million and Adjusted EBITDA* of $100.5 millionGenerated $74.2 million in cash from operationsRaised fiscal year 2024 net sales outlook to $1.87-$1.95 billion a ...