Q: Thoughts on the quarter please?
THX
THX
5i Research Answer:
EPS of $1.05 beat estimates of 94c; revenue of $1.63B beat estimates of $1.60B. EBITDA of $148.7M beat estimates by 1.62%. 2025 guidance was raised to $7.20B+ from $7.15B+. Not a huge raise but it was a sigh of relief for investors. The dividend was not raised for the first year in 10. There remains some tariff concerns, though PBH says it is 'positioned well'. Sales rose 5.5% year over year. Specialty foods was very strong (+13%) but distribution was weak (-3.2%). But overall, good results.