PRMB Q2 2023 Earnings — Primo Brands Corporation Revenue & Financial Results | Market Cap Arena

PRMBPrimo Brands Corporation

$8B

Q2 2023 Earnings

Consumer Defensive Beverages - Non-Alcoholic

Income Statement

Revenue

$451M-21.1% YoY

Gross Profit

$291M64.5% margin

Operating Income

$44M9.8% margin

Net Income

$21M4.7% margin

EPS (Diluted)

$0.13

QoQ Revenue Growth

+9.2%

Cash Flow

Operating Cash Flow

$77M

Free Cash Flow

$50M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.7B

Total Liabilities

$2.4B

Stockholders' Equity

$1.3B

Cash & Equivalents

$87M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$451M	$571M	-21.1%
Gross Profit	$291M	$332M	-12.5%
Operating Income	$44M	$41M	+8.6%
Net Income	$21M	-$23M	+194.7%