Premium Brands Holdings Corp. Celebrates Record First Quarter Performance

In a remarkable display of growth and resilience, Premium Brands Holdings Corp., a leading food processing company, has announced its first-quarter results for 2025, showcasing record-breaking sales and profitability. The company, known for its high-quality branded specialty meats, pre-packaged sandwiches, burgers, and frozen foods, has seen a significant uptick in its financial performance, much to the delight of investors and stakeholders.

Record-Breaking Sales and Profitability

The company reported a record first-quarter revenue of $1.68 billion, marking a 14.9% increase, or $217.4 million, compared to the same period in 2024. This impressive growth is attributed to solid progress on Specialty Foods’ core U.S. growth initiatives in protein, sandwiches, and baked goods, which generated a combined organic volume growth rate of 9.9%. Furthermore, Premium Brands Holdings Corp. achieved a record first-quarter adjusted EBITDA of $136.5 million, a 12.8% increase, or $15.5 million, compared to the first quarter of 2024. The adjusted earnings per share (EPS) also saw a significant rise, reaching $0.68 per share, a 25.9% increase, or $0.14 per share, compared to the previous year.

Dividend Declaration

In addition to its stellar financial performance, Premium Brands Holdings Corp. has declared a second-quarter dividend of CAD 0.85, further solidifying its commitment to delivering value to its shareholders. This announcement follows the company’s declaration of a dividend earlier in the day, underscoring its strong financial position and confidence in its future prospects.

Market Reaction and Outlook

The news of Premium Brands Holdings Corp.’s record first-quarter sales and profitability, coupled with the dividend declaration, has positioned the company as a stock in play, attracting attention from investors and market analysts alike. With a market capitalization of 3.4 billion CAD and a price-to-earnings ratio of 27.81, the company’s shares closed at 74.53 CAD on May 4, 2025, reflecting investor optimism about its growth trajectory.

As Premium Brands Holdings Corp. continues to expand its manufacturing facilities in Canada and the United States and strengthen its presence in the food service, retail, and wholesale sectors, the company is well-positioned to capitalize on the growing demand for high-quality specialty food products. With a focus on innovation and strategic growth initiatives, Premium Brands Holdings Corp. is poised for continued success in the consumer staples sector.

In summary, Premium Brands Holdings Corp.’s record-breaking first-quarter performance and dividend declaration highlight the company’s robust financial health and strategic growth initiatives. As the company looks to the future, it remains a compelling investment opportunity in the food products industry, promising continued growth and value creation for its shareholders.