BellRing Brands Q2 sales rise 2% but miss estimates

Bellring Brands

05/05/2026 12:20

Overview

U.S. wellness products maker's Q2 sales rose 2% yr/yr but missed analyst expectations

Adjusted EPS and adjusted EBITDA for Q2 missed analyst expectations

Quarter impacted by consumer price sensitivity, higher freight, and $11 mln inventory charge

Outlook

BellRing sees FY26 net sales of $2.325-$2.365 bln, growth of 0% to 2%

Company expects FY26 Adjusted EBITDA of $315-$335 mln, about 14% of net sales

BellRing says revised outlook incorporates promotional and consumer headwinds and higher input costs

Result Drivers

COST INFLATION & FREIGHT - Margins were pressured by significant input cost inflation, tariffs, and higher freight costs

INVENTORY CHARGE - $11.3 mln charge related to a third-party supplied ingredient that did not meet quality standards weighed on profit

Company press release: ID:nGNXG7vqj

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Miss
$598.70 mln
$608.90 mln (14 Analysts)
Q2 Adjusted EPS
Miss
$0.14
$0.32 (14 Analysts)
Q2 EPS
$0.29
Q2 Adjusted EBITDA
Miss
$53.80 mln
$79.58 mln (13 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the food processing peer group is "buy"

Wall Street's median 12-month price target for Bellring Brands Inc is $27.67, about 59.4% above its May 4 closing price of $17.36

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)