Primo Brands (PRMB) Rockets 15% on Swing to Profits

We recently published Wall Street Can’t Keep Up: 10 Big Names on a High. Primo Brands Corp. (NYSE:PRMB) was one of the best performers on Thursday.

Primo Brands extended its rally to a seventh consecutive day on Thursday, soaring 15.38 percent to finish at $22.65 apiece, as investor sentiment was bolstered by its return to profitability last year, overshadowing a weak growth outlook for this year.

In an updated report, Primo Brands Corp. (NYSE:PRMB) said that it swung to a net income of $60.1 million from a $16.4 million net loss in 2024, while net sales jumped by 29 percent to $6.66 billion from $5.15 billion, thanks to strong sales from Primo Water due to the merger transaction.

For the fourth quarter alone, net loss narrowed by 92 percent to $13 million from $157.7 million, while net sales increased by 10.7 percent to $1.55 billion from $1.40 billion.

“2025 was a year of transition as we continued to integrate two companies to form a leader in healthy hydration and across the US Liquid Refreshment Beverage category,” said Primo Brands Corp. (NYSE:PRMB) Chairman and CEO Eric Foss. “Our fourth quarter performance indicates early signs that our initiatives are resulting in an improved trajectory for the business. This speaks to the strength and resilience of our business model.”

However, Primo Brands Corp. (NYSE:PRMB) is targeting organic net sales to either end flat or inch up by just 1 percent year-on-year.

Adjusted EBITDA is expected to settle at $1.485 billion to $1.515 billion, or an implied growth of 2.6 percent to 4.7 percent from 2025.

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