Primo Brands Corp (PRMB) Primo Brands Corp. is a branded beverage company, which focuses on healthy hydration. It delivers sustainably and domestically sourced diversified offerings across products, formats, channels, price points and consumer occasions, distributed in the United States and Canada. The company provides water filtration units for home and business consumers across North America. It also offers reusable packaging, helping to reduce waste through its reusable, multi-serve bottles and innovative brand packaging portfolio, which includes recycled plastic, aluminum and glass. Primo Brands was founded in 2024 and is headquartered in Tampa, FL.
Sector: Beverages
Industry: Beverages - Non-Alcoholic
Primo Brands Corporation NYSE:PRMB Consumer Defensive · Beverages - Non-Alcoholic
Mkt Cap $8.1B
Div Yield 2.05%
Prev close $22.15 Close $22.39 0.00% AH close $22.39
Mkt Cap $8.1B
Div Yield 2.05%
Press Release ● Major ⚠ 4
Primo Brands Reports 2026 Third Quarter Results
Primo Brands reported Q3 2026 net sales of $1.82 billion, up 3.1% year-over-year, with GAAP net income from continuing operations more than tripling to $124.5 million ($0.34 diluted EPS vs $0.11 a year ago).
Adjusted EBITDA rose 1.6% to $411.0 million, but the margin slipped 30 bps to 22.6%, and management guided FY26 Adjusted EBITDA to the lower end of the prior $1,465M-$1,515M range with net sales near the midpoint of the 2-4% growth range.
The Board declared a $0.12 per-share dividend and authorized a new $300 million share repurchase program replacing the prior plan that had roughly $41 million remaining.
Net debt stands at $4.8 billion with a 3.32x net leverage ratio; quarterly free cash flow of $210.6 million was up YoY while Adjusted Free Cash Flow of $274.2 million declined from $311.1 million.
• 4d ago AI analysis › Press Release
Primo Brands Receives International Bottled Water Association's 2026 Environmental Stewardship Award
Primo Brands received the International Bottled Water Association's 2026 Environmental Stewardship Award, recognizing its regional watershed funds.
The Ice Mountain fund in Michigan has operated for 23 years, and in March 2026 the company launched similar funds for Arrowhead in California and Ozarka in Texas with $250,000 each under a four-year, $1 million commitment.
The company reports replenishing 400 million gallons of water locally in 2025 and targets 100% water replenishment in high water-stress areas by 2035.
The award is a reputational recognition with no direct financial or operational impact.
• 19d ago AI analysis › Press Release
PRIMO BRANDS OPENS NEW MOUNTAIN VALLEY FACTORY AS DEMAND GROWS
Primo Brands opened a new ~200,000-square-foot factory for The Mountain Valley in Hot Springs, Arkansas, its first new facility since the company's 2024 formation.
The multi-million-dollar greenfield plant adds three production lines and expands capacity for a premium spring water brand the company says is experiencing strong demand, with word-of-mouth cited as the primary growth driver.
Primo Brands notes it owns two of the five fastest-growing premium water brands in the U.S. (The Mountain Valley and Saratoga), supporting a capacity-driven growth thesis in the premium water segment.
• 25d ago AI analysis › Press Release
Primo Brands Announces Date for 2026 Third Quarter Earnings Release and Conference Call
Primo Brands Corporation (NYSE: PRMB) will release its 2026 third quarter financial results on Thursday, November 5, 2026, at approximately 6:00 a.m. Eastern Time.
A conference call hosted the same day at 8:00 a.m. Eastern Time will be simultaneously webcast and available for replay via the company's investor relations website.
This is a scheduling notice only; no results or guidance figures were included.
• 1mo ago AI analysis › Press Release
Primo Brands to Participate in Barclays 19th Annual Global Consumer Conference
Primo Brands announced that Chairman and CEO Eric Foss and CFO David Hass will present at the Barclays 19th Annual Global Consumer Conference in Boston.
The presentation is scheduled for Wednesday, September 9, 2026, at 3:00 p.m. Eastern Time, with a live webcast and replay available on the company's investor relations website.
• 2mo ago AI analysis › Press Release ⚠ 2
Primo Brands Corporation Announces Secondary Offering of 20,000,000 Shares of Class A Common Stock by an Affiliate of One Rock Capital Partners
An affiliate of One Rock Capital Partners intends to sell 20,000,000 shares of Primo Brands Class A common stock in an underwritten secondary offering.
Primo Brands will not receive any proceeds from the sale, though the company agreed to repurchase $10 million of shares concurrently at the public offering price minus underwriting discounts.
Morgan Stanley is acting as the sole underwriter for the offering, which is being conducted pursuant to a shelf registration statement on Form S-3.
• 3mo ago AI analysis › Press Release ● Major
Primo Brands Reports 2026 Second Quarter Results
Primo Brands delivered Q2 revenue of $1.8 billion, up 3.8% year-over-year, exceeding expectations driven by robust growth in premium brands and regional spring water.
Adjusted EBITDA increased 5.0% to $385.0 million with margin expansion of 20 basis points, while Adjusted Free Cash Flow reached $200.1 million.
Management raised full-year net sales growth guidance to 2-4% and returned $59.0 million to stockholders through dividends and share repurchases.
• 3mo ago AI analysis › Press Release
Primo Brands Declares Quarterly Dividend
Primo Brands declared a quarterly dividend of $0.12 per share on its outstanding Class A common stock.
The dividend is payable on September 8, 2026, to stockholders of record at the close of business on August 24, 2026.
This announcement represents a routine capital allocation decision for the North American branded beverage company.
• 3mo ago AI analysis › Press Release
Refresco Appoints Minsok Pak as President, Chief Strategy & Transformation Officer
Refresco announced the appointment of Minsok Pak as President, Chief Strategy & Transformation Officer, effective July 15, 2026. Pak previously served on the board of Primo Brands (NYSE: PRMB) prior to this appointment.
Pak will lead Refresco's global strategy and M&A agenda, bringing 35 years of experience including his tenure as CEO of CJ CheilJedang Foods.
The move marks Pak's departure from the Primo Brands board as he transitions to an executive role at Refresco, a major beverage supply chain partner.
• 3mo ago AI analysis › Press Release ⚠ 2
Primo Brands Announces Leadership Changes to Sharpen Focus on Growth Priorities and Customer Experience
Primo Brands is restructuring its executive team by hiring Vaughn Dickinson as President of Customer Direct & Go-to-Market and eliminating the role of Chief Operating Officer.
Current COO Robert Austin will remain with the company until December 31, 2026, to ensure a smooth transition during the organizational shift.
CEO Eric Foss stated that these changes are intended to strengthen the customer experience and accelerate key growth priorities as the company moves past the integration phase.
• 4mo ago AI analysis › Press Release
Primo Brands Announces Date for 2026 Second Quarter Earnings Release and Conference Call
Primo Brands announced that it will release its second quarter 2026 financial results on Wednesday, August 5, 2026 at approximately 6:00 a.m. Eastern Time.
A conference call to discuss the results is scheduled for the same day at 8:00 a.m. Eastern Time, which will be simultaneously webcast via the company's Investor Relations website.
Investors can access the call via dial-in numbers for North American and international participants, and a replay will be made available online following the event.
• 4mo ago AI analysis › Press Release
Primo Brands to Participate in the dbAccess Global Consumer Conference
Primo Brands announced that CEO Eric Foss and CFO David Hass will present at the dbAccess Global Consumer Conference in Paris on June 3, 2026.
The presentation is scheduled for 5:15 p.m. CEST and will be webcast live on the company's investor relations website.
This is a standard investor relations calendar update with no new operational or financial disclosures.
• 5mo ago AI analysis › Press Release
Lifshitz Law PLLC Announces Investigations of Primo Brands Corporation (NYSE: PRMB), Freeport-McMoRan Inc. (NYSE: FCX), Firefly Aerospace Inc. (NASDAQ: FLY), and Fiserv, Inc. (NASDAQ: FISV)
Lifshitz Law PLLC announced an investigation into possible securities laws violations by Freeport-McMoRan (FCX).
The firm alleges FCX failed to disclose heightened safety risks at its Grasberg Block Cave mine in Indonesia, which could foreseeably lead to worker deaths and regulatory or reputational damage.
This is a routine plaintiff-firm solicitation seeking investors with losses to contact the firm; it does not represent a new disclosure from the company or a court action.
• 5mo ago AI analysis › Press Release ⚠ 3
Primo Brands Reports 2026 First Quarter Results
Primo Brands reported Q1 revenue of $1.63 billion, up 0.8% year-over-year, driven by premium brand growth that exceeded expectations and led to a raise in full-year organic sales growth guidance to 1-3%.
However, profitability faced significant headwinds, with Adjusted EBITDA falling 10.4% to $306 million and margins contracting 240 basis points to 18.8%, prompting the company to widen and lower its full-year EBITDA outlook due to inflationary pressures.
Adjusted Free Cash Flow improved to $128.6 million, while the company returned capital to shareholders through $44.2 million in dividends and $29 million in share repurchases during the quarter.
• 6mo ago AI analysis › 
