Bellring Brands Plunges 46% After Q1 Miss; Hain Celestial Rises Despite Revenue Decline

Shelf-stable food stocks reported mixed Q1 2026 results, with aggregate revenue beating consensus by 0.6% but next-quarter guidance missing by 1.8%, sending shares down 7.7% on average since reporting. Bellring Brands (NYSE:BRBR) was the quarter’s worst performer, its stock plummeting 46.1% after revenue of $598.7 million missed estimates and full-year EBITDA guidance disappointed. Hain Celestial (NASDAQ:HAIN) shares defied the trend, rising 24.7% despite revenue falling 13.3% to $338.4 million, the sector’s steepest decline, as management emphasized turnaround progress. Hershey (NYSE:HSY) and Mondelez (NASDAQ:MDLZ) both topped revenue expectations but saw muted share price responses, while McCormick (NYSE:MKC) posted the fastest revenue growth yet still declined 13%.