Company: PRMB
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0002042694-25-000003
Chunk: 113

Company: Primo Brands Corp
Filing Date: 2025-02-27
Form: 10-K
Item: Item 16
Chunk 113
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benefit from) income taxes33.325.1(53.1)Net (loss) income from continuing operations(12.6)92.8(126.7)Net loss from discontinued operations, net of tax(3.8)——Net (loss) income(16.4)92.8(126.7)Dividend on preferred stock—25.832.7Excess of redemption price over carrying value of preferred stock—3.11.1Net (loss) income attributable to common stockholders$(16.4)$63.9$(160.5)Net (loss) income per common shareBasic:Continuing operations$(0.05)$0.29$(0.74)Discontinued operations$(0.02)$—$— Net (loss) income per common share$(0.07)$0.29$(0.74)Diluted:Continuing operations$(0.05)$0.29$(0.74)Discontinued operations$(0.02)$—$— Net (loss) income per common share$(0.07)$0.29$(0.74)Weighted-average common shares outstanding (in thousands)Basic242,315 218,338 218,287 Diluted242,315 218,338 218,287 

The accompanying notes are an integral part of these consolidated financial statements

F-6

PRIMO BRANDS CORPORATION

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME

For the Year Ended December 31,($ in millions)202420232022Net (loss) income$(16.4)$92.8$(126.7)Other comprehensive (loss) income, net of tax:Net change in foreign currency translation adjustments(9.7)5.3(13.0)Net unrealized actuarial (loss) gain in postretirement benefit plans, net of tax benefit (expense) of $0.1, $0.4 and $(1.2), respectively(0.3)(1.1)3.7Unrealized gain on fair value hedges, net of tax benefit (expense) of $(0.1)0.3——Other comprehensive (loss) income(9.7)4.2(9.3)Total comprehensive (loss) income$(26.1)$97.0$(136.0)

The accompanying notes are an integral part of these consolidated financial statements

F-7