Brief: Bellring Brands Reports Results For The First Quarter Of Fiscal Year 2023

BellRing Brands

06/02/2023 22:58

Feb 6 (Reuters) - Bellring Brands Inc  BRBR.N :
    * BELLRING BRANDS REPORTS RESULTS FOR THE FIRST QUARTER OF
FISCAL
YEAR 2023; RAISES CERTAIN FISCAL YEAR 2023 OUTLOOK
    * Q1 ADJUSTED EARNINGS PER SHARE $0.33
    * Q1 SALES ROSE 18.3% TO $362.7 MILLION
    * AFFIRMED FISCAL  2023 NET SALES GUIDANCE OF BETWEEN
$1.56-$1.64
BILLION; RAISES FY ADJUSTED EBITDA GUIDANCE TO $306-$325 MILLION
    * RAISED ITS ADJUSTED EBITDA OUTLOOK TO RANGE BETWEEN $306
MILLION
-$325 MILLION FOR FISCAL YEAR 2023
    * EXPECTS FISCAL YEAR 2023 CAPITAL EXPENDITURES OF
APPROXIMATELY
$4 MILLION

Source text for Eikon:  ID:nGNXbp89C6 
Further company coverage:  BRBR.N 
 ((Reuters.Briefs@thomsonreuters.com))