Stock Track | Primo Brands Plunges 7.33% Pre-Market on Lowered Guidance and CEO Change

Stock Track

Nov 06, 2025

Primo Brands Corp (NYSE: PRMB) shares tumbled 7.33% in pre-market trading on Thursday following the company's third-quarter earnings release and announcement of a leadership change. The bottled water giant reported mixed results and revised its full-year outlook, sparking investor concerns.

While Primo Brands beat earnings expectations with adjusted EPS of $0.41 versus the $0.38 analyst estimate, the company slightly missed on revenue. Third-quarter sales came in at $1.766 billion, just shy of the $1.775 billion consensus forecast. More significantly, Primo Brands lowered its full-year 2025 guidance, now projecting a low single-digit decline in net sales growth.

Adding to the uncertainty, Primo Brands announced a major leadership transition. The company appointed Eric Foss, a current board member, as Chairman and Chief Executive Officer, succeeding Robbert Rietbroek. This unexpected change at the top, combined with the reduced outlook, appears to be weighing heavily on investor sentiment in early trading.

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This unexpected change at the top, combined with the reduced outlook, appears to be weighing heavily on investor sentiment in early trading.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PRMB","symbol_name":"Primo Brands Corp","start_time":0,"source_url":"","article_id":"1120318167","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1120318167","pubTimestamp":1762433176,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Primo Brands Corp (NYSE: PRMB) shares tumbled 7.33% in pre-market trading on Thursday following the company's third-quarter earnings release and announcement of a leadership change. 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