Primo Brands (PRMB) Company Report

A class action lawsuit has been commenced against Primo Brands Corporation, with a Lead Plaintiff Deadline of January 12, 2026.
The lawsuit alleges that defendants made false and/or misleading statements regarding the merger integration with Blue Triton Brands, which was tracking poorly due to technology and service issues and major supply disruptions.
On November 6, 2025, Primo Brands announced a CEO replacement and slashed its full year 2025 net sales and adjusted EBITDA guidance.
Following these announcements, Primo Brands' stock price declined over 36%, losing $2.0 billion in market capitalization in two trading days.

2 days ago

Press Release

Primo Brands Corporation Faces Securities Class Action Lawsuit

PRMB

Legal Proceedings

CEO Change

M&A

A securities class action lawsuit has been filed against Primo Brands Corporation (PRMB), alleging false and misleading statements regarding the integration of its merger with BlueTriton Brands.
The lawsuit's class period is from June 17, 2024, to November 6, 2025, and focuses on claims that the merger integration was not proceeding "flawlessly" as assured, leading to significant problems.
These problems included technology and customer service issues that impacted supply capabilities, forcing Primo to slash its 2025 revenue forecast from expected positive growth to a low single-digit decline.
On November 6, 2025, Primo announced the departure of CEO Robbert Rietbroek, with Eric Foss assuming the roles of Executive Chairman and CEO, and revealed further integration difficulties during the Q3 2025 earnings call.
Following these revelations, Primo's share price crashed $8.20 (-36%) the next day.

Nov 26, 2025, 1:50 PM

Press Release

Primo Brands Corporation Faces Securities Class Action Amid Botched Integration and CEO Departure

PRMB

Legal Proceedings

M&A

CEO Change

A securities class action lawsuit has been filed against Primo Brands Corporation (PRMB) by Hagens Berman, alleging false and misleading assurances regarding its troubled merger with BlueTriton Brands.
The lawsuit claims the merger integration was "complicated and more complex," leading to significant problems including technology and customer service issues, and forcing Primo to slash its 2025 revenue forecast.
The class period for the lawsuit is from June 17, 2024, to November 6, 2025, with a lead plaintiff deadline of January 12, 2026.
On November 6, 2025, then-CEO Robbert Rietbroek was replaced by Eric Foss as Executive Chairman and CEO, following revelations of the flawed integration and a subsequent $8.20 (-36%) drop in Primo's share price the next day.

Nov 26, 2025, 1:06 AM

Press Release

Primo Brands Corporation Faces Securities Class Action Amid Integration Issues and CEO Departure

PRMB

Legal Proceedings

CEO Change

Guidance Update

A securities class action lawsuit has been filed against Primo Brands Corporation (PRMB) following its merger with BlueTriton Brands, alleging false and misleading statements regarding the integration process.
The lawsuit covers investors who purchased common stock between June 17, 2024, and November 6, 2025, focusing on assurances of accelerated growth, operational efficiencies, and flawless integration that allegedly proved false.
The company's performance was severely hampered by integration issues, including technology and customer service problems, which led to a slash in its 2025 revenue forecast from expected positive 3%-5% growth to a low single-digit decline.
On November 6, 2025, Primo Brands announced the departure of then-CEO Robbert Rietbroek, with Eric Foss assuming the roles of Executive Chairman and CEO, and simultaneously revealed Q3 2025 financial results and further integration challenges.
Following these revelations, Primo's stock price crashed $8.20 (-36%) the next day.

Nov 18, 2025, 3:46 PM

Press Release

Primo Brands Faces Securities Class Action and CEO Departure

PRMB

Legal Proceedings

CEO Change

Guidance Update

A securities class action lawsuit has been filed against Primo Brands Corporation (PRMB) regarding its merger with BlueTriton Brands, alleging false and misleading statements about the integration process.
The lawsuit covers investors who purchased PRMB common stock between June 17, 2024, and November 8, 2024, and between November 11, 2024, and November 6, 2025.
The complaint alleges that the merger integration was problematic, causing disruptions in product supply, delivery, and customer service, contrary to earlier assurances of a "flawless" process.
As a result, Primo Brands was forced to slash its 2025 revenue forecast to a low single-digit decline, after previously cutting its outlook from positive 3%-5% growth to roughly flat to positive 1% growth.
On November 6, 2025, Primo announced the departure of then-CEO Robbert Rietbroek, with Eric Foss assuming the roles of Executive Chairman and CEO, and the company's shares crashed $8.20 (-36%) the following day.

Nov 15, 2025, 7:49 PM

Press Release

Primo Brands Increases Share Repurchase Program Authorization

PRMB

Share Buyback

The Board of Directors of Primo Brands authorized a $50 million increase to its existing share repurchase program on November 10, 2025, raising the total authorization under the program to $300 million.
Inclusive of this increase, Primo Brands has approximately $202.3 million of capacity remaining under the share repurchase program.
Prior to this increase, the company had repurchased approximately 4.4 million shares for about $97.7 million under the program.

Nov 10, 2025, 11:30 AM

Press Release

Primo Brands Reports Q3 2025 Financial Results and Updates 2025 Guidance

PRMB

Earnings

Guidance Update

M&A

Primo Brands reported Q3 2025 comparable net sales of $1,766.1 million, a 1.6% decline from Q3 2024, while comparable Adjusted EBITDA increased by 6.8% to $404.5 million, with the margin expanding 180 basis points to 22.9%.
For the year-to-date 2025, comparable net sales were $5,106.3 million, a 0.5% decline, and comparable Adjusted EBITDA reached $1,112.7 million, up 6.4%.
The company revised its 2025 guidance, projecting low single-digit decline in Net Sales Growth, Adjusted EBITDA between $1,440 million and $1,460 million, and Adjusted Free Cash Flow between $740 million and $760 million.
Primo Brands completed the sale of its UK business in April 2025 and its Israeli business in October 2025 as part of its international divestitures.
Premium Water sales grew by 44.4% in Q3 2025 to $98.2 million. The Hawkins facility, which sustained damage in April 2025, is now fully operational with reconstruction ongoing.

Nov 6, 2025, 3:00 PM

Presentation

Primo Brands Announces Q3 2025 Results and CEO Appointment

PRMB

CEO Change

Earnings

Guidance Update

Primo Brands announced the appointment of Eric Foss as Chairman and Chief Executive Officer, effective November 6, 2025, replacing the previous non-executive chairman.
For Q3 2025, the company reported net sales of $1.766 billion, a 1.6% comparable year-over-year decline, and comparable adjusted EBITDA of $404.5 million, reflecting a 6.8% year-over-year growth and a 22.9% margin.
Primo Brands updated its full-year 2025 guidance, now expecting a net sales decline in the low single digits and adjusted EBITDA of approximately $1.45 billion (21.8% margin), while reiterating adjusted free cash flow guidance between $740 million and $760 million.
The company's integration efforts are progressing, with 49 facilities closed to date, and it remains on track to achieve $200 million and $300 million run rate synergy targets by 2025 and 2026 year-end, respectively.
Primo Brands repurchased $73.2 million of stock (approximately 3 million shares) and authorized a quarterly dividend of $0.10 per Class A common share, an 11% increase over the prior year's quarterly dividend rate.

Nov 6, 2025, 3:00 PM

Transcript

Primo Brands Reports Q3 2025 Results and Revises Full-Year Guidance

PRMB

Earnings

Guidance Update

Dividends

Primo Brands reported Net Sales of $1,766.1 million for the third quarter of 2025, marking a 35.3% increase compared to the third quarter of 2024.
Adjusted EBITDA grew by 53.2% to $404.5 million in Q3 2025, with the Adjusted EBITDA margin expanding by 270 basis points to 22.9%.
The company revised its full-year 2025 Net Sales and Adjusted EBITDA guidance while reiterating its Adjusted Free Cash Flow guidance.
A quarterly dividend of $0.10 per share was declared, payable on December 5, 2025.
Primo Brands reaffirmed its cost synergy capture targets of $200 million in 2025 and $300 million in 2026.

Nov 6, 2025, 11:12 AM

8-K

Primo Brands Appoints Eric Foss as Chairman and CEO

PRMB

CEO Change

Board Change

Management Change

Primo Brands Corporation announced the immediate appointment of Eric Foss as Chairman of the Board of Directors and Chief Executive Officer.
Eric Foss succeeds Robbert Rietbroek as CEO.
Dean Metropoulos, who previously served as Non-Executive Chairman, will remain on the Board as a Director.
Foss is an experienced executive, having served as Chairman and CEO of global consumer-centric businesses, and has prior board experience with Primo Brands and Primo Water.

Nov 6, 2025, 11:00 AM

Press Release

Earnings Transcripts

Quarterly earnings call transcripts for Primo Brands.

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