Company: PRMB
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-049952
Chunk: 6

Company: Primo Brands Corp
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 2
Chunk 6
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Gross profit528.2 29.9 %416.2 31.9 %112.026.9 %Selling, general and administrative expenses343.0 19.4 %239.7 18.4 %103.343.1 %Acquisition, integration and restructuring expenses44.2 2.5 %10.0 0.8 %34.2342.0 %Other operating (income) expense, net(5.4)(0.3)%9.0 0.7 %(14.4)(160.0)%Operating income146.4 8.3 %157.5 12.1 %(11.1)(7.0)%Other income, net(3.6)(0.2)%— — %(3.6)100%Interest and financing expense, net83.1 4.7 %85.7 6.6 %(2.6)(3.0)%Income from continuing operations before income taxes66.9 3.8 %71.8 5.5 %(4.9)(6.8)%Provision for income taxes26.4 1.5 %18.5 1.4 %7.942.7 %Net income from continuing operations$40.5 2.3 %$53.3 4.1 %$(12.8)(24.0)%

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

Three Months Ended September 30,($ in millions)20252024$ Variance% ChangeRegional spring water$885.6 $848.9 $36.7 4.3 %Purified water557.5 330.9 226.6 68.5 %Premium water98.2 18.5 79.7 430.8 %Other water33.0 38.2 (5.2)(13.6)%Other191.8 68.6 123.2 179.6 %Total Net sales$1,766.1 $1,305.1 $461.0 35.3 %

Net Sales

During the three months ended September 30, 2025, net sales were $1,766.1 million, an increase of $461.0 million, or 35.3%, as compared to