BellRing Brands Reports Results for the Second Quarter of Fiscal Year 2024; Raises Fiscal Year 2024 Outlook
ST. LOUIS, May 06, 2024 (GLOBE NEWSWIRE) -- BellRing Brands, Inc. (NYSE:BRBR) (“BellRing”), a holding company operating in the global convenient nutrition category, today reported results for the second fiscal quarter ended March 31, 2024.
- ST. LOUIS, May 06, 2024 (GLOBE NEWSWIRE) -- BellRing Brands, Inc. (NYSE:BRBR) (“BellRing”), a holding company operating in the global convenient nutrition category, today reported results for the second fiscal quarter ended March 31, 2024.
- Volume growth was driven by incremental promotional activity (which resulted in a decline in price/mix), distribution gains and organic growth.
- During the second quarter of 2024, BellRing repurchased 0.4 million shares for $22.9 million at an average price of $56.46 per share.
- BellRing will host a conference call on Tuesday, May 7, 2024 at 9:00 a.m. EDT to discuss financial results for the second quarter of fiscal year 2024 and fiscal year 2024 outlook and to respond to questions.