BellRing Brands (NYSE:BRBR), a leader in the convenient nutrition space, released its third-quarter earnings for fiscal 2025 on August 4, 2025. The company topped both top- and bottom-line expectations, with GAAP revenue of $547.5 million and non-GAAP EPS of $0.55 exceeding analyst estimates, with GAAP revenue climbing to $547.5 million against an analyst consensus of $531.7 million, and adjusted earnings per share (non-GAAP) reaching $0.55 versus the $0.50 estimate. However, investors noted a sharp fall in reported GAAP net earnings, which dropped to $21.0 million from $73.7 million in Q3 FY2024, mostly due to a $68.1 million legal provision tied to legacy product litigation. While underlying consumer demand remained robust and core brand metrics hit record levels, the quarter exposed cost pressures and legal risks. The results reflected ongoing brand momentum, but also highlighted key risks and the importance of operational discipline in coming quarters.
Source: Analyst estimates provided by FactSet. Management expectations based on management’s guidance, as provided in Q2 2025 earnings report.
BellRing Brands is a U.S.-based nutrition company focused on ready-to-drink (RTD) protein shakes, powders, and other health-focused food products. Its portfolio centers on the Premier Protein and Dymatize brands, which meet demand for convenient, protein-rich nutrition options for both everyday consumers and athletes.