Canada's Primo Brands Q4 revenue up 11.2%, beats estimates

Primo Brands

26/02/2026 11:24

Overview

Beverage company's Q4 revenue grew 11.2%, beating analyst expectations

Adjusted EPS for Q4 beat analyst expectations

Company reported net loss from continuing operations narrowed significantly

Outlook

Company plans strategic reinvestment to leverage strong category momentum

Primo Brands aims to drive sustained growth and margin expansion

Company focuses on improving customer experience and leveraging brand power

Result Drivers

MERGER IMPACT - Net sales growth driven by inclusion of Primo Water sales post-merger, partially offset by sale of Ontario facility

SG&A EXPENSES - SG&A expenses rose due to merger-related costs, offset by prior year nonrecurring fees

GROSS MARGIN DECLINE - Gross margin affected by lower margins from Primo Water and integration costs

Company press release: ID:nCNWHjkhfa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$1.55 bln
$1.51 bln (10 Analysts)
Q4 Adjusted EPS
Beat
$0.26
$0.21 (11 Analysts)
Q4 Adjusted Net Income
Beat
$94.10 mln
$70.53 mln (7 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the non-alcoholic beverages peer group is "buy"

Wall Street's median 12-month price target for Primo Brands Corp is $22.50, about 14.6% above its February 25 closing price of $19.63

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 14 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.)