New York, January 5, 2026, 14:46 EST — Regular session
- BRBR down about 6% in afternoon trade, after touching $23.96 intraday
- Law firm Bleichmar Fonti & Auld said it opened a securities class action investigation
- Focus shifts to early-February results for an update on demand and margins
Shares of BellRing Brands fell 6.1% to $24.49 in afternoon trading on Monday, after touching an intraday low of $23.96.
The move left the stock within about $2 of its 52-week low and roughly 70% below its 52-week high, extending a steep slide that has kept investors wary of the company’s near-term outlook. 1
That matters now because BellRing’s next quarterly update is approaching, and the stock is trading near levels that can force investors to reassess risk, especially after the company warned of a soft start to fiscal 2026.
Bleichmar Fonti & Auld LLP said in a Newsfile release that it is investigating BellRing Brands for potential violations of federal securities laws, a step that can precede a shareholder class action lawsuit. 2
BellRing’s drop outpaced the broader consumer-staples group: the Consumer Staples Select Sector SPDR fund was down about 0.2%, while packaged-food peer Simply Good Foods fell about 2.6% and Post Holdings slid about 2.3%.
BellRing, whose brands include Premier Protein and Dymatize, last set out its fiscal 2026 outlook in November, calling for net sales of $2.41 billion to $2.49 billion and adjusted EBITDA of $425 million to $455 million. Adjusted EBITDA is a profit measure that strips out interest, taxes and certain non-cash or one-time items to better show operating performance. 3
“We delivered strong results in 2025, with sales up 16%,” CEO Darcy Davenport said at the time, while noting the first quarter reflected “short-term challenges,” including an expected roughly 5% decline in net sales from a year earlier. 3
BellRing has also leaned on buybacks to support its stock. The company said its board approved a new $600 million share repurchase authorization over the next two years, replacing an earlier $400 million plan. 4
Still, the law-firm probe adds another overhang to a stock already sensitive to changes in demand signals and cost pressures, and any further reset in expectations could deepen the slide.
