Primo Brands Reports Q3 2026 Results, Sets $300 Million Buyback
Primo Brands reported third-quarter net sales of $1.821 billion, net income from continuing operations of $124.5 million and adjusted diluted EPS of $0.43. It launched a $300 million share repurchase program and declared a $0.12-per-share dividend. For 2026, it expects sales at the midpoint of prior guidance and adjusted EBITDA at the lower end.
Primo Brands Corporation reported its financial results for the third quarter ended September 30, 2026, achieving net sales of $1.821 billion and net income from continuing operations of $124.5 million. The company reported adjusted net income per diluted share of $0.43. Management noted solid top-line momentum and growth in Direct Delivery and Retail sales. Alongside the earnings, the company announced a new $300 million share repurchase program and declared a dividend of $0.12 per share.
For the full year 2026, the company expects net sales to reach the midpoint of its previous guidance range, while adjusted EBITDA is projected to be at the lower end of its previous guidance.