From Stockstory Inc.:

Bellring Brands reported Q1 FY2024 results, with revenue up 18.7% to $430.4 million, and a non-GAAP profit of $0.43 per share. The company lifted its full-year revenue guidance to $1.91 billion, and reported organic revenue growth. Personal care products, including nutrition bars, are becoming more popular with consumers. Bellring Brands is experiencing impressive annualized revenue growth rates, and strong year-on-year revenue growth of 18.7%. Premier Protein brand saw 19.5% volume growth, and Dymatize brand saw volume growth of 32.4%. Shareholders should feel optimistic about the company’s future. Some investment opportunities to watch include the rise of technology companies and cloud-native cybersecurity.



Read more: BellRing Brands (NYSE:BRBR) Beats Q1 Sales Targets, Full-Year Sales Guidance Is Optimistic