Primo Brands Corporation reported significant financial results for the second quarter of 2025, with net sales reaching $1.73 billion, a 31.6% increase from $1.31 billion in the same period last year. This growth was primarily driven by the inclusion of $449 million in sales from Primo Water, following the completion of a merger on November 8, 2024. However, the company also faced challenges, with net income from continuing operations declining to $30.5 million, down 44% from $54.5 million in the prior year, reflecting increased costs and restructuring expenses.
The cost of sales for the quarter rose to $1.19 billion, a 34.4% increase compared to the previous year, largely attributed to the costs associated with the newly acquired Primo Water. Gross profit increased by 25.8% to $540.9 million, resulting in a gross margin of 31.3%, slightly down from 32.7% in the prior year. Selling, general, and administrative expenses surged by 47.7% to $378.6 million, driven by costs related to the merger and integration efforts.
Operationally, Primo Brands has expanded its market presence, now distributing its products across more than 200,000 retail outlets in North America. The company reported a significant increase in its purified water segment, which saw sales grow by 65.8% to $545.6 million. The premium water segment also experienced substantial growth, increasing by 367.9% to $87.5 million. The company’s strategic focus on product innovation and e-commerce is expected to further enhance its market position.
Looking ahead, Primo Brands anticipates continued growth driven by evolving consumer trends and the expansion of its product offerings. The company is committed to optimizing its operations and managing costs effectively, particularly in light of the ongoing challenges posed by global supply chain disruptions and inflationary pressures. The management remains optimistic about leveraging its strong brand portfolio and operational capabilities to achieve long-term growth and profitability.
About Primo Brands Corp
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