Premium Brands Holdings (TSE:PBH) has released an update.
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Premium Brands Holdings Corporation has announced a record-breaking first quarter with revenues reaching $1.46 billion, a 2.2% increase from the previous year. The company also reported a significant rise in adjusted EBITDA to $121.0 million, up by 9.3%, alongside strong organic growth in its U.S. specialty foods segment. Furthermore, Premium Brands reaffirmed its 2024 sales and EBITDA guidance and declared a second-quarter dividend of $0.85 per share.
For further insights into TSE:PBH stock, check out TipRanks’ Stock Analysis page.
