Primo Brands Corporation raised its 2026 comparable net sales growth outlook to 2-4% from a previous 1-3% range, the second consecutive quarter management has lifted that guidance. The company said the increase reflects stronger-than-expected second-quarter performance and broader momentum across retail and direct delivery. In the second quarter, comparable net sales rose 4.2% year over year to $1.8 billion, the second straight quarter of growth, while adjusted EBITDA advanced 5% to $385 million. Retail growth was broad-based, with regional spring water sales up 4.1%, purified water up 1.9% and premium brands up 30.5%, and direct delivery returned to growth earlier than expected on strong new customer additions, fewer customer quits and improving service levels. Management said sustaining that trajectory will depend on offsetting higher transportation expenses, tighter freight markets, elevated spot rates and commodity inflation through disciplined pricing, productivity initiatives, supply-chain efficiencies and financial risk-management measures.
Primo Brands CorporationRaised 2026 sales growth outlook to 2-4% on stronger Q2 comparable sales (+4.2%) and broad-based retail and direct delivery growth.
The Chefs Warehouse Inc
Vita Coco Company Inc
Darling Ingredients Inc