Premium Brands Holdings Corporation Reports Record Third Quarter Sales And Adjusted Ebitda And Declares Fourth Quarter Dividend
Press Release
VANCOUVER, B.C., November 10, 2025 Premium Brands Holdings Corporation (TSX: PBH), a leading producer, marketer and distributor of branded specialty food products, announced today its results for the third quarter of 2025.
QUARTER HIGHLIGHTS
⦁ Record third quarter revenue of $2.0 billion representing a 19.1%, or $319.1 million, increase as compared to the third quarter of 2024
⦁ Organic volume growth rate of 10.3%
⦁ 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 24.3%
⦁ Including acquisitions, Specialty Foods’ total U.S. sales, which represented 66.5% of its third quarter sales, grew by $238.3 million to $879.7 million
⦁ Record third quarter adjusted EBITDA1 of $179.1 million representing a 12.4%, or $19.7 million, increase as compared to the third quarter of 2024, despite significant protein cost inflation challenges, mainly associated with beef products
⦁ Third quarter adjusted EPS1 of $1.27 per share representing a 14.4%, or $0.16 per share, increase as compared to the third quarter of 2024
⦁ Increased and narrowed 2025 sales guidance range to $7.4 billion to $7.5 billion based on the growing momentum of the Company’s various growth initiatives. 2025 adjusted EBITDA guidance range was reduced and narrowed to $670 million to $680 million based on the transitory impact of continued increases in the cost of beef raw materials
⦁ Declared a dividend of $0.85 per common share for the fourth quarter of 2025
⦁ Subsequent to the quarter, completed the single largest new product launch in the Company’s history
⦁ The Company reports its financial results in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (IFRS Accounting Standards). 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 third 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: 72162) 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 12:59 p.m. Toronto time on December 10, 2025 at (289) 819-1325 or (888) 660-6264 (passcode: 72162#). Alternatively, a recording of the conference call will be available on the Company’s website at www.premiumbrandsholdings.com.
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