Primo Brands Corporation today announced its results for the second quarter ended June 30, 2025. The company reported net sales of $1,730.1 million, a 31.6% increase compared to the prior-year period. Adjusted EBITDA grew 42.1% to $366.7 million, with an Adjusted EBITDA margin of 21.2%, a 160 basis point expansion. However, net income from continuing operations declined to $30.5 million from $54.5 million in the prior year.
The company stated that Q2 results were impacted by previously reported tornado damage to its Hawkins, Texas facility and service issues experienced during the accelerated integration process. While the Hawkins facility has restarted and service issues are being addressed, these disruptions led to a revision of full-year 2025 guidance for net sales growth, Adjusted EBITDA, and Adjusted Free Cash Flow. Management still expects to achieve its targeted cost synergy opportunity of $200 million in 2025 and $300 million in 2026.
Despite the operational challenges, Primo Brands' Board of Directors authorized a new share repurchase program of up to $250 million of the company's outstanding Class A common stock. This program allows the company to opportunistically return value to stockholders. The company continues to see strong consumer demand for healthy hydration and is focused on resolving service issues by the end of September.
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