Primo Brands Corp. (NYSE:PRMB) saw a 6.27% rebound on Wednesday, closing at $17.12 per share as investors anticipated updates from a virtual fireside chat with RBC Capital. CEO Eric Foss and CFO David Hass were expected to discuss the company’s 2025 performance and 2026 outlook.
In 2025, Primo Brands Corp. (NYSE:PRMB) aimed for a low single-digit decline in net sales, with adjusted EBITDA projected between $1.44 billion to $1.46 billion. The company’s Q3 2025 net sales grew by 35.3% to $1.766 billion, driven by Primo Water and BlueTriton, although net income dropped by 68% year-on-year.
Primo Brands Corp. (NYSE:PRMB) targets $300 million in cost savings this year. While PRMB presents investment potential, some AI stocks may offer higher returns with lower risk. For insights on an AI stock benefiting from Trump tariffs and onshoring, refer to a free report on the best short-term AI stock.
Read more at Yahoo Finance: Primo Brands (PRMB) Jumps 6% as Fireside Chat Ignites Investor Interest
