Filing Flows › Bellring Brands (BRBR) › Q4 FY24
Bellring Brands (BRBR) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Nov 19, 2024
Bellring Brands (BRBR) reported revenue of $556M for the fourth quarter fiscal 2024 (Q4 FY24), +18% from a year earlier and +8% from the quarter before. Operating margin was 20.2%, net earnings $71.7M (12.9% of revenue).
Bellring Brands, Q4 FY24: revenue $556M (+18% year over year), operating margin 20.2%, net earnings $71.7M, operating cash flow $40.1M. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $556M | +8% | +18% |
| Gross profit | $205M | +8% | +32% |
| Operating profit | $112M | +0.4% | +44% |
| Net earnings | $71.7M | -3% | +56% |
| Operating cash flow | $40.1M | -42% | -53% |
| Free cash flow | $38.9M | -44% | -54% |
What changed
Revenue was $555.8M in Q4 FY24, up 18% year over year and up 8% from the previous quarter. Shakes and other beverages was the largest line at 83% of revenue.
Gross margin was 36.9%, up 4.0 points from a year earlier. Operating profit was $112.1M, a 20.2% margin (up 3.6 points year over year). Of the extra revenue versus a year earlier, 41% reached operating profit, above the 17% margin then. Operating expenses grew 20% against revenue growth of 18%. The fastest-growing cost line was SG&A (+36%). Net earnings were $71.7M, up 56% year over year. The effective tax rate was 26.5%.
Operating cash flow was $40.1M (down 53% year over year), 56% of net earnings. Non-cash charges added back $4.7M of depreciation and amortization and $5.5M of share-based compensation. Working capital and other items used $41.8M. Capital expenditures of $1.2M left free cash flow of $38.9M.
Questions
What was Bellring Brands' revenue in the fourth quarter fiscal 2024?
Bellring Brands (BRBR) reported revenue of $556M for the fourth quarter fiscal 2024 (Q4 FY24), +18% from a year earlier and +8% from the quarter before.
Was Bellring Brands profitable in the fourth quarter fiscal 2024?
Operating profit was $112M (20.2% of revenue) and net earnings $71.7M.
Source: Bellring Brands 10-K on SEC EDGAR.