PREMIUM BRANDS HOLDINGS CORPORATION REPORTS RECORD SECOND QUARTER SALES AND ADJUSTED EBITDA, DECLARES THIRD QUARTER DIVIDEND

QUARTER HIGHLIGHTS

• Record second quarter revenue of $1.9 billion representing a 12.5%, or $212.2 million , increase as compared to the second quarter of 2024
  Solid progress on Specialty Foods’ core U.S. growth initiatives in protein and artisan baked goods, which for the quarter generated organic volume growth rates of 15.0% and 98.1%, respectively. Specialty Foods’ U.S. year-over-year growth rate for sandwich products was impacted by channel fill sales associated with a major new product launch in the second quarter of 2024
  Including acquisitions, Specialty Foods’ total U.S. sales, which represented 64.3% of its second quarter sales, grew by $140.5 million to $843.7 million
  Record second quarter adjusted EBITDA ¹ of $177.1 million representing a 7.6%, or $12.5 million , increase as compared to the second quarter of 2024, despite significant protein cost inflation challenges
  Second quarter adjusted EPS ¹ of $1.33 per share representing a 3.9%, or $0.05 per share, increase as compared to the second quarter of 2024

https://www.barchart.com/story/news/33918312/premium-brands-holdings-corporation-reports-record-second-quarter-sales-and-adjusted-ebitda-declares-third-quarter-dividend-and-announces-completion-of-tennessee-sandwich-plant-sale-and-leaseback