Company: PRMB
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0002042694-25-000015
Chunk: 193

Company: Primo Brands Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 193
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.0 %Selling, general and administrative expenses706.421.1 %475.019.4 %231.448.7 %Acquisition, integration and restructuring expenses89.52.7 %19.00.8 %70.5371.1 %Other operating (income) expense, net—— %(2.5)(0.1)%2.5(100.0)%Operating income266.08.0 %283.811.6 %(17.8)(6.3)%Other income, net(15.8)(0.5)%—— %(15.8)100%Loss on modification and extinguishment of debt18.60.6 %—— %18.6100%Interest and financing expense, net164.04.9 %166.16.8 %(2.1)(1.3)%Income from continuing operations before income taxes99.23.0 %117.74.8 %(18.5)(15.7)%Provision for income taxes34.01.0 %29.71.2 %4.314.5 %Net income from continuing operations$65.21.9 %$88.03.6 %$(22.8)(25.9)%

The following table sets forth our consolidated Net sales by water type:

Six Months Ended June 30,($ in millions)20252024$ Variance% ChangeRegional spring water$1,669.2 $1,616.7 $52.5 3.2 %Purified water1,060.0 604.5 455.5 75.4 %Premium water161.4 32.1 129.3 402.8 %Other water70.0 70.1 (0.1)(0.1)%Other383.2 126.8 256.4 202.2 %Total Net sales$3,343.8 $2,450.2 $893.6 36.5 %

Net Sales

During the six months ended June 30, 2025, net sales were $3,343.8 million, an increase of $893.6 million, or 36.5%, as compared to the six months ended June 30, 2024, primarily related to $919.3 million of net sales attributable to Primo Water as a result of