BellRing Brands, Inc.

USDC – Southern District of New York

January 22, 2026

CLASS PERIOD: November 19, 2024 – August 4, 2025

Deadline: March 23, 2026

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Jeff Campisi

Jeffrey P. Campisi

JCampisi@kaplanfox.com

Laurence D. King

LKing@kaplanfox.com

Kaplan Fox Alerts Investors of BellRing Brands, Inc. (BRBR) to a Securities Class Action Deadline on March 23, 2026

Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against BellRing Brands, Inc. (“BellRing” or the “Company”) (NYSE: BRBR) on behalf of investors that purchased or otherwise acquired BellRing securities between November 19, 2024 and August 4, 2025 (the “Class Period”).

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If you are an investor in BellRing and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing jcampisi@kaplanfox.com or by calling (212) 329-8571.

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than March 23, 2026 to serve as a lead plaintiff for the purported class.  If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

According to the complaint, on August 4, 2025, “BellRing reported 3Q [third quarter] 2025 financial results and ‘narrowed its fiscal year 2025 outlook for net sales,’ a move the market viewed as a negative signal about the Company’s sales momentum.”

Then, on August 5, 2025, during the subsequent earnings call, the complaint further alleges that the Company’s Chief Executive Officer Darcy Horn Davenport “attributed the disappointing new sales outlook to competitive headwinds.”

Following this news, on August 5, 2025, the price of BellRing stock declined from a closing price on August 4, 2025 of $53.64 per share, to close at $36.18 per share, a decline of $17.46 per share, or by nearly 33%.

The complaint alleges, that during the class period “Defendants represented that sales growth reflected increased end-consumer demand, attributing results to ‘organic growth,’ ‘distribution gains,’ ‘incremental promotional activity,’ and ‘[s]trong macro tailwinds around protein’ which was ‘driving robust long-term growth[.]’” “At the same time, Defendants downplayed the impact of competition on demand, insisting the Company was not experiencing any significant changes in competition, and that in the RTD category particularly, BellRing possessed a ‘competitive moat,’ given that ‘the ready-to-drink category is just highly complex’ and the products are ‘hard to formulate.’”  As alleged, in truth, BellRing’s “reported sales during the Class Period were due to its key customers stockpiling inventory, which concealed the erosion of the Company’s market share as competition intensified, and did not reflect increased end-consumer demand or brand momentum.”

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If you have any questions about this investigation, please contact:

CONTACT:

Jeffrey P. Campisi
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(212) 329-8571
jcampisi@kaplanfox.com

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1501
Oakland, California 94612
(415) 772-4704
lking@kaplanfox.com

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