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I maintain my Hold rating on Primo Brands due to disappointing results, a massive debt load, and lowered guidance amid ongoing merger challenges. Sales growth is merger-driven, but organic sales declined; premium water shows promise but is still a small revenue contributor. Management's cost synergy targets and premium segment growth are key watchpoints, but execution risks remain high in the near term.
Primo Brands Corporation (NYSE:PRMB ) Q2 2025 Earnings Conference Call August 7, 2025 10:00 AM ET Company Participants David W. Hass - Chief Financial Officer Jon Kathol - Corporate Participant Robbert E.
TAMPA, Fla. and STAMFORD, Conn.
Primo Brands (PRMB) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.26 per share a year ago.
Revises full year 2025 Net Sales, Adjusted EBITDA, and Adjusted Free Cash Flow guidance Reaffirms cost synergy capture targets of $200 million in 2025; $300 million in 2026 Announces new share repurchase program of $250 million Declares quarterly dividend of 10 cents per share Reiterates post-2025 long-term growth algorithm of 3% to 5% organic Net Sales growth TAMPA, Fla. and STAMFORD, Conn.
Primo Brands (PRMB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TAMPA, FL and STAMFORD, CT , July 1, 2025 /PRNewswire/ - Primo Brands Corporation (NYSE: PRMB) ("Primo Brands" or the "Company"), today announced that the Company will release its second quarter ended June 30, 2025 financial results before the markets open on Thursday, August 7, 2025. Primo Brands will host a conference call, to be simultaneously webcast, on Thursday, August 7, 2025 at 10:00 a.m.
BofA Securities analyst Peter T. Galbo reiterated the Buy rating on Primo Brands Corp PRMB, with a price forecast of $42.
Shares of Primo Brands Corporation PRMB have been under pressure following soggy spring weather that dampened bottled water sales across key regions, such as the Northeast and Mid-Atlantic.
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