)
Visual
earnings real time
Premium Brands (PBH) investor relations material
Premium Brands Q3 2025 (Q&A) earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 (Q&A) earnings summary10 Nov, 2025
Executive summary
Achieved record third quarter revenue and adjusted EBITDA, driven by strong organic growth and U.S. specialty foods initiatives, including the largest new product launch in company history post-quarter.
U.S. sales momentum led to increased 2025 sales guidance, while adjusted EBITDA guidance was lowered due to temporary beef cost inflation.
Demand remains robust across all channels, with significant new capacity leveraged for growth, especially in protein, sandwich, and bakery segments.
The company is bullish on 2026 top-line growth, supported by a diversified sales pipeline and continued product innovation.
Declared a fourth quarter dividend of $0.85 per share.
Financial highlights
Q3 organic volume growth reached 10.3%, contributing $171.5 million to revenue, with U.S. core organic volume growth at CAD 146 million and Canada at 1%.
Third quarter revenue was $1,986.0 million, up 19.1% year-over-year; adjusted EBITDA was $179.1 million, up 12.4%.
Adjusted EBITDA margin normalized for beef cost inflation was $188 million and 9.5%.
Free cash flow per share reached a record $6.19 (trailing four quarters), with a payout ratio of 55.2%.
Clearwater contributed positively to cash flow, with CAD 43 million from investments.
Outlook and guidance
Increased 2025 sales guidance to $7.4–$7.5 billion due to strong U.S. growth; adjusted EBITDA guidance reduced to $670–$680 million due to beef cost inflation.
Five-year targets reaffirmed: $10 billion revenue and $1 billion adjusted EBITDA by 2027.
Q4 is expected to show modest year-over-year EBITDA margin improvement, with beef cost headwinds persisting but offset by growth.
Overhead from new capacity is expected to be leveraged as sales grow, with margin benefits materializing in Q4 and more significantly in 2026.
Expect to spend an additional $92 million on approved major project capex over the next four quarters.
Update on beef cost impact and margin recovery
Reconcile acquisitions with deleveraging plans
Expected returns from new U.S. plant capacity
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Premium Brands earnings date
Q4 202513 Mar, 2026
Next Premium Brands earnings date
Q4 202513 Mar, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
)
Frequently asked questions
Premium Brands Holdings Corporation owns a portfolio of specialty food manufacturing and distribution businesses. The company supplies products including protein snacks, sandwiches, baked goods, and seafood to retail, foodservice, and commercial customers. It operates facilities across North America. The company is headquartered in Richmond, Canada, and its shares are listed on the TSX.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage