EarningsQ3 2026 Earnings Report
MX:BRBR Q3 2026 EPS Results
Actual EPS$5.12
Consensus EPS$6.30
Beat/MissMissed by -$1.18
One Year Ago EPS$9.39
MX:BRBR Q3 2026 Revenue Results
Actual Revenue$9.74B
Expected Revenue$9.37B
Beat/MissBeat by +$370.06M
YoY Revenue Growth+4.18%
Earnings Announcement Details
QuarterQ3 2026
Date08/04/2026
TimeBefore Open
Conference CallTuesday, August 4, 2026
MX:BRBR Upcoming Earnings
BellRing Brands's next earnings date is estimated for November 23, 2026, based on past reporting schedules.
Q3 2026 Earnings Call Audio
MX:BRBR Q3 2026 Earnings Call
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Q3 2026 Earnings Slide Deck
Q3 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balanced clear strengths — modest top-line growth, strong brand fundamentals (Premier penetration and repeat rates), Dymatize outperformance, new product innovation and decisive management actions — against material near-term headwinds including significant margin compression from input, freight and tariff inflation, inventory-related charges, promotional pressure and execution gaps. Management outlined pricing, productivity, channel diversification and supply chain initiatives to address these issues and expects margin recovery beginning in fiscal 2027, but near-term guidance incorporates the identified headwinds.Company Guidance
Leadership Transition and Strategic Commitment
New CEO Michael Axelrod (7 days into role) brings 30 years of CPG experience and emphasized priorities: stronger execution, faster decision-making and disciplined investment to capture long-term growth.
Net Sales Growth in Q3 and Upward FY Guidance
Third quarter net sales increased 4% year-over-year. Full-year fiscal 2026 net sales guidance was revised to $2.335B–$2.375B, representing growth of approximately 1%–3% (up from prior flat to +2%).
Premier Brand Consumer Strength
Premier household penetration reached ~23% with the highest repeat rate in the category. Premier RTD shake volume grew 3% in Q3 and dollar consumption rose 6% despite a 2% price/mix decline.
Dymatize Outperformance
Dymatize net sales rose 27% year-over-year in Q3, with volumes up 6% and price/mix up 21%, driven by e-commerce and international demand and distribution gains.
New Product Innovation Pipeline
Launched Premier Protein 42g Ultimate Shake and Premier Protein Sparkling Soda in Q4 to expand occasions and channels; both rolling out to mass, food and e-commerce with planned retail and social support and expected distribution gains in fiscal 2027.
Increased and More Effective Advertising
Advertising investment increased by ~$7M (~100 basis points of sales) to roughly 4% of sales; the 'Go Get 'Em' campaign is driving stronger ROI, improved brand equity and higher web/e-commerce traffic versus prior year.
Productivity and Organizational Actions
Completed productivity initiatives and an organizational realignment (late June). Recorded a one-time $5M reorg charge; expected annualized operating expense savings of $10M–$12M once complete.
Strong Operating Cash Flow in Q3
Generated $79M in operating cash flow in Q3 and ended the quarter at net leverage of 3.2x, providing liquidity to execute on turnaround actions.
MX:BRBR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed