Company: PRMB
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0002042694-25-000015
Chunk: 85

Company: Primo Brands Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 85
---
540.9 31.3 %429.8 32.7 %111.125.8 %Selling, general and administrative expenses378.6 21.9 %256.3 19.5 %122.347.7 %Acquisition, integration and restructuring expenses49.7 2.9 %13.2 1.0 %36.5276.5 %Other operating (income) expense, net(0.2)— %1.3 0.1 %(1.5)(115.4)%Operating income112.8 6.5 %159.0 12.1 %(46.2)(29.1)%Other income, net(15.9)(0.9)%— — %(15.9)100%Loss on modification and extinguishment of debt— — %— — %—— %Interest and financing expense, net81.9 4.7 %86.2 6.6 %(4.3)(5.0)%Income from continuing operations before income taxes46.8 2.7 %72.8 5.5 %(26.0)(35.7)%Provision for income taxes16.3 0.9 %18.3 1.4 %(2.0)(10.9)%Net income from continuing operations$30.5 1.8 %$54.5 4.1 %$(24.0)(44.0)%

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

Three Months Ended June 30,($ in millions)20252024$ Variance% ChangeRegional spring water$875.1 $860.6 $14.5 1.7 %Purified water545.6 329.1 216.5 65.8 %Premium water87.5 18.7 68.8 367.9 %Other water35.2 41.2 (6.0)(14.6)%Other186.7 64.8 121.9 188.1 %Total Net sales$1,730.1 $1,314.4 $415.7 31.6 %

Net Sales

During the three months ended June 30, 2025, net sales were $1,730.1 million, an