PRMB Stock Recent News
PRMB LATEST HEADLINES
Primo Brands Corporation reported Q4 sales of $1.4B, up 28.7%, but missed consensus estimates by $180M, with non-GAAP EPS at $0.13, missing by $0.05. Gross margins improved to 31.4%, but operating margins fell to 7% due to acquisition costs, resulting in a GAAP loss for the year. The company's cash position improved post-merger, but high debt and interest expenses remain concerns; cost-cutting initiatives are expected to improve financial health.
Beverages - Soft Drinks industry presents growth opportunities, driven by innovation and digital transformation. Yet, it grapples with cost inflation, tariff uncertainties and supply-chain challenges.
TAMPA, Fla. and STAMFORD, Conn.
TAMPA, Fla. and STAMFORD, Conn.
Tyson, Molson Coors Beverage, Primo Brands, Lancaster and Utz Brands are included in this Analyst Blog.
We have narrowed our search to five consumer staples stocks with strong growth potential in the next 2-3 months. These are: TSN, TAP, PRMB, LANC, UTZ.
TAMPA, Fla. and STAMFORD, Conn.
Primo Brands (PRMB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Does Primo Brands (PRMB) have what it takes to be a top stock pick for momentum investors? Let's find out.
PRMB made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on February 25, 2025.