Premium Brands Holdings Corporation Reports Record Fourth Quarter Sales, Adjusted Ebitda, And Adjusted Eps, Announces The Sale Of Its Interest In Shaw Bakers, Declares First Quarter Dividend And Appoints New Director To Its Board
Press Release
VANCOUVER, B.C., March 19, 2026 Premium Brands Holdings Corporation (TSX: PBH), a leading producer, marketer and distributor of branded specialty food products, announced today its results for the fourth quarter of 2025
FOURTH QUARTER HIGHLIGHTS
⦁ Record fourth quarter revenue of $1.9 billion representing a 15.7%, or $258.0 million, increase as compared to the fourth quarter of 2024
⦁ Organic volume growth rate of 9.2% driven by Specialty Foods’ 10.4% organic volume growth rate
⦁ Solid progress on Specialty Foods’ core U.S. growth initiatives in protein, sandwiches and artisan baked goods, which for the quarter generated a combined organic volume growth rate of 18.0%
⦁ Including acquisitions, Specialty Foods’ total U.S. sales, which represented 67.8% of its fourth quarter sales, grew by $179.5 million to $870.3 million
⦁ Record fourth quarter adjusted EBITDA1 of $179.5 million representing a 20.7%, or $30.8 million, increase as compared to the fourth quarter of 2024
⦁ Record fourth quarter adjusted EPS1 of $1.29 per share representing a 22.9%, or $0.24 per share, increase as compared to the fourth quarter of 2024
⦁ Declared a dividend of $0.85 per common share for the first quarter of 2026
⦁ Subsequent to the quarter, completed the acquisition of Stampede Culinary Partners
⦁ Subsequent to the quarter signed an agreement to sell the Company’s 74% interest in Shaw Bakers
⦁ 2026 sales and adjusted EBITDA1 guidance ranges, after adjusting for the sale of Shaw Bakers, of $9.25 billion to $9.55 billion, and $870 million to $910 million, respectively
2025 HIGHLIGHTS
⦁ Record revenue of $7.5 billion representing a 15.6%, or $1.0 billion, increase as compared to 2024
⦁ Record adjusted EBITDA1 of $672.2 million representing a 13.2%, or $78.5 million, increase as compared to 2024
⦁ Adjusted EPS1 of $4.57 per share representing a 14.8%, or $0.59 per share, increase as compared to 2024
⦁ The Company reports its financial results in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board. Adjusted EBITDA and adjusted EPS are non-IFRS financial measures. Reconciliations and explanations for all non-IFRS measures are included in the Non-IFRS Financial Measures section of this press release.
QUESTIONS AND ANSWERS SESSION
The Company will hold a Q&A session on its fourth quarter 2025 results today at 10:30 a.m. Vancouver time (1:30 p.m. Toronto time). Management’s pre-recorded remarks and an investor presentation that will be referenced on the conference call are available here or by navigating through the Company’s website at www.premiumbrandsholdings.com.
Access to the Q&A session may be obtained by calling the operator at (289) 514-5100 or
(800) 717-1738 (Conference ID: 30847) up to ten minutes prior to the scheduled start time. For those who are unable to participate, a recording of the conference call will be available through to 11:59 p.m. Toronto time on April 19, 2026 at (289) 819-1325 or (888) 660-6264 (passcode: 30847#). Alternatively, a recording of the conference call will be available on the Company’s website at www.premiumbrandsholdings.com.
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