Primo Brands Q2 net income from continuing operations more than doubled to USD 69.2 million; net sales rise 3.8% to USD 1.8 billion - PRMB News | Rallies
Primo Brands posted Q2 net sales of USD 1.8 billion, up 3.8% year over year.
Net income from continuing operations more than doubled to USD 69.2 million; diluted EPS from continuing operations rose to USD 0.19.
Adjusted EBITDA (non-GAAP) increased 5% to USD 385 million; margin widened 0.2 percentage points to 21.4%.
Management cited stronger fundamentals, improved execution, momentum in retail channels, and an earlier-than-anticipated return to growth in Direct Delivery.
Full-year 2026 net sales growth outlook lifted to 2%-4%; adjusted EBITDA (non-GAAP) guidance reaffirmed at USD 1.47 billion-USD 1.52 billion.
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