BellRing Brands reports Q4 adjusted EPS 41c, consensus 39c

Reports Q4 revenue $472.6M, consensus $452.32M. “We finished the year strong, with our results coming in at the high end of our expectations. Premier Protein consumption accelerated, lifted by meaningful distribution gains, incremental promotional activity and continued excitement around our shake flavors. In addition to seeing strong market share gains, Premier Protein significantly grew household penetration. Dymatize also experienced robust consumption growth, benefiting from new households and distribution gains,” said Darcy H. Davenport, President and Chief Executive Officer of BellRing. “Our momentum remains high on both brands with the convenient nutrition category providing strong tailwinds. Our shake capacity expansion is on track and the long-term prospects for our company and our brands remain bright.”