Premier Protein Grows Even Stronger & Dymatize Nutrition Surprises with Back Against the Wall

Premier Protein is once again ringing the sales bell after it rebounds from its first slip up as a publicly-traded company last quarter. Premier Protein is the key holding of the BellRing Brands (BRBR) portfolio that owns a collection of Active Nutrition businesses that also includes Dymatize Nutrition, Powerbar, Joint Juice, and Supreme Nutrition. A fast-paced and busy lifestyle is pushing consumers to switch to quick and healthy meal options. This has resulted in the increased household penetration of RTD protein shakes that promote active lifestyles. I'll utilize the recent quarterly earnings report and conference call for BellRing Brands to update you on the growth of the portfolio's largest consumer brand Premier Protein. Additionally, I'll breakdown how the RTD protein beverage category, active nutrition powders, and protein bar formats are performing in the challenging retail environment stemming from COVID-19. I'll also share some news surrounding Dymatize Nutrition being consolidated and the closure of the Dallas facility. Finally, I breakdown the BellRing Brands 2021 outlook and explain why I believe M&A activity will be in their near-term future.