All New Cases & Investigations

BellRing Brands, Inc. Class Action Investigation

U.S. Securities Litigation

Deadline: Upcoming

BellRing Brands, Inc. (NYSE: BRBR): BellRing Brands, Inc is being investigated for securities fraud in connection with a significant drop in its stock price. BFA is investigating whether BellRing violated the federal securities laws by making false and misleading statements to investors. Investors can file a class action lawsuit to potentially recover losses.

If you lost money on your investments in BellRing Brands, you are encouraged to submit your information.

Why Is BellRing being Investigated for Securities Fraud?

BellRing Brands operates in the convenient nutrition category. The Company’s primary brands include Premier Protein and Dymatize, which offer ready-to-drink (“RTD”) protein shakes and powders.

During the relevant period, the Company stated that Premier Protein “hit an all-time high in household penetration” and that “demand remains strong.” The Company also stated that its growth was “strong in all channels,” driven by “distribution expansion, accelerating velocities and incremental promotional activity.”

In truth, the Company’s sales growth during the relevant period may have been driven by temporary trade inventory loading at several key retailers, not sustainable end-consumer demand.

Why did BellRing’s Stock Drop?

On May 5, 2025, after market hours, BellRing Brands reported its fiscal Q2 2025 financial results and held an earnings call the following morning. During the earnings call, the Company revealed that starting in Q2 2023, “several key retailers lowered their weeks of supply on hand,” which would create a headwind to Q3 2025 growth. The Company announced it now expected Q3 net sales growth of “low single digits,” with Premier Protein as the main driver, and “all other[s] flat to down.” The Company also announced it was expanding promotions to boost sales and “offset [] third quarter reductions in retailer trade inventory levels.” On this news, the price of BellRing Brands stock dropped $13.96 per share, or more than 18%, from $77.34 per share on May 5, 2025, to $63.38 per share on May 6, 2025.

Then, on August 4, 2025, after market hours, BellRing Brands reported its fiscal Q3 2025 financial results and held an earnings call the following morning. The Company announced that it was narrowing its fiscal 2025 net sales and adjusted EBITDA guidance. It also announced disappointing quarterly consumption of Premier Protein RTD Shakes, which had been expected to outpace shipments by a wider margin given previously announced retailer destocking, but instead came “more in line” with shipments. On this news, the price of BellRing Brands stock dropped $17.46 per share, or nearly 33%, from $53.64 per share on August 4, 2025, to $36.18 per share on August 5, 2025.

Contact Us:

If you lost money when BellRing Brands securities dropped in price, you are encouraged to submit your information using the form on this page to speak with an attorney about your rights.

You can also contact:
Ross Shikowitz
ross@bfalaw.com
212.789.3619

All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of any class action lawsuit. The firm will seek court approval for any potential fees and expenses.

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

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Adam C. McCall Associate