Company: PRMB
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-049952
Chunk: 35

Company: Primo Brands Corp
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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1,844.0)(1,513.7)Accumulated other comprehensive loss(6.1)(17.2)Total stockholders' equity3,160.03,444.2Total liabilities and stockholders' equity$10,956.1$11,194.5The accompanying notes are an integral part of these condensed consolidated financial statements

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Table of Contents

PRIMO BRANDS CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

Unaudited

Three Months Ended September 30,Nine Months Ended September 30,($ in millions, except share and per share values)2025202420252024Net sales$1,766.1$1,305.1$5,109.9$3,755.3Cost of sales1,237.9888.93,519.82,563.8Gross profit528.2416.21,590.11,191.5Selling, general and administrative expenses343.0239.71,049.4714.7Acquisition, integration and restructuring expenses44.210.0133.729.0Other operating (income) expense, net(5.4)9.0(5.4)6.5Operating income146.4157.5412.4441.3Other income, net(3.6)— (19.4)— Loss on modification and extinguishment of debt——18.6—Interest and financing expense, net83.185.7247.1251.8Income from continuing operations before income taxes66.971.8166.1189.5Provision for income taxes26.418.560.448.2Net income from continuing operations40.553.3105.7141.3Net loss from discontinued operations, net of tax(23.7)—(32.6)—Net income$16.8$53.3$73.1$141.3Net income (loss) per common shareBasic:Continuing operations$0.11 $0.24$0.28 $0.65Discontinued operations$(0.06)$—$(0.09)$—Net income per common share$0.05 $0.24$0.19 $0.65Diluted:Continuing operations$0.11 $0.24$0.28 $0.65Discontinued operations$(0.07)$—$(0.09)$—Net income