Primo Brands Shares Climb on Raised FY Sales Outlook

Dow Jones

May 08

By Christopher Kuo

Primo Brands shares rose after the company raised its full-year outlook for organic net sales growth.

Shares for the bottled water company, which owns the Poland Spring brand, climbed 12% to $22.17. The company's shares were up nearly 37% year to date.

The company on Thursday raised its full-year outlook for organic net sales growth to up 1% to 3%, compared with previous guidance projecting flat to 1% growth.

Primo Brands posted a first-quarter profit of $27.3 million, or 7 cents a share, compared with $28.7 million, or 8 cents a share, in the year-ago quarter.

Adjusted earnings were 23 cents a share. Analysts polled by FactSet expected 24 cents a share.

The company incurred incremental costs from winter storms and freight and logistics costs, Primo Brands said.

First-quarter revenue ticked up $1.63 billion from $1.61 billion a year earlier, driven by an increase in sales from the company's premium brands, such as Saratoga and Mountain Valley. Analysts expected $1.58 billion.

The company plans to leverage the momentum behind its premium brands, Chief Executive Eric J. Foss said in an earnings call.

Write to Christopher Kuo at chris.kuo@wsj.com

(END) Dow Jones Newswires

May 07, 2026 15:03 ET (19:03 GMT)

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Foss said in an earnings call. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n   Write to Christopher Kuo at chris.kuo@wsj.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 07, 2026 15:03 ET (19:03 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4177","symbol_name":"软饮料","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2633178092","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2633178092","pubTimestamp":1778180580,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Primo Brands shares rose after the company raised its full-year outlook for organic net sales growth.Shares for the bottled water company, which owns the Poland Spring brand, climbed 12% to $22.17. 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Analysts expected $1.58 billion.The company plan","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4177":"软饮料","PRMB":"Primo Brands Corp"},"translate_title":"Primo Brands股价因财年销售前景上调而攀升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PRMB":0.9},"content_text":"By Christopher Kuo \n\n\n \n\n\nPrimo Brands shares rose after the company raised its full-year outlook for organic net sales growth. \n\n\n  Shares for the bottled water company, which owns the Poland Spring brand, climbed 12% to $22.17. The company's shares were up nearly 37% year to date. \n\n\n  The company on Thursday raised its full-year outlook for organic net sales growth to up 1% to 3%, compared with previous guidance projecting flat to 1% growth. \n\n\n  Primo Brands posted a first-quarter profit of $27.3 million, or 7 cents a share, compared with $28.7 million, or 8 cents a share, in the year-ago quarter. \n\n\n  Adjusted earnings were 23 cents a share. Analysts polled by FactSet expected 24 cents a share. \n\n\n  The company incurred incremental costs from winter storms and freight and logistics costs, Primo Brands said. \n\n\n  First-quarter revenue ticked up $1.63 billion from $1.61 billion a year earlier, driven by an increase in sales from the company's premium brands, such as Saratoga and Mountain Valley. Analysts expected $1.58 billion. \n\n\n  The company plans to leverage the momentum behind its premium brands, Chief Executive Eric J. Foss said in an earnings call. \n\n\n \n\n\n   Write to Christopher Kuo at chris.kuo@wsj.com \n\n\n  (END) Dow Jones Newswires\n\n\n  May 07, 2026 15:03 ET (19:03 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}