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POST HOLDINGS, INC. - POST STOCK NEWS

Welcome to our dedicated page for POST HOLDINGS news (Ticker: POST), a resource for investors and traders seeking the latest updates and insights on POST HOLDINGS stock.

Post Holdings, Inc., headquartered in St. Louis, Missouri, is a prominent consumer packaged goods holding company. Founded with a vision to deliver high-quality food products, Post operates across multiple segments, including center-of-the-store, refrigerated, active nutrition, and private label food categories. This diversified approach allows the company to cater to a broad range of consumer needs, from everyday essentials to specialty health products.

The center-of-the-store portfolio features well-known brands like Honey Bunches of Oats®, Pebbles™, Great Grains®, and Grape-Nuts®, which are staples in many households. Additionally, Post offers premium natural and organic options through brands such as Attune®, Uncle Sam®, and Erewhon®. These products are designed to meet the diverse taste and nutritional requirements of families.

Post's refrigerated segment, managed through Michael Foods, includes a variety of value-added egg products, refrigerated potato products, and dairy items under brands like Papetti's®, All Whites®, Better'n Eggs®, and Simply Potatoes®. These products are geared towards both retail consumers and foodservice channels, ensuring convenience and quality.

The company's active nutrition portfolio focuses on health and wellness, providing a range of nutritious snacks and supplements. Post is committed to innovation in this space, continually developing products that support an active and healthy lifestyle.

In the financial arena, Post has demonstrated robust performance. The company's latest quarterly results showcased a significant increase in net sales and operating profit, driven by strategic acquisitions and organic growth. For instance, the acquisition of Perfection Pet Foods and Deeside Cereals has expanded Post's market reach and product offerings.

Recent news highlights include the planned closure of the Lancaster facility, aimed at optimizing production capacity and achieving cost savings. This strategic move is expected to save approximately $25 million annually starting in fiscal year 2025.

Post is also proactive in managing challenges such as the avian influenza outbreak, which affected its egg-laying flocks. The company has taken steps to mitigate the impact and maintain its supply chain integrity.

Post Holdings continues to focus on growth and efficiency, as evidenced by its recent senior notes offering to refinance existing debt and fund corporate initiatives. The company remains committed to delivering value to shareholders and consumers alike.

For more information, visit www.postholdings.com.

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Post Holdings announced the appointment of Howard A. Friedman as Executive Vice President and Chief Operations Officer, effective September 2021. Friedman, previously President and CEO of Post Consumer Brands, aims to enhance collaboration and revenue across the company. Nico Catoggio will take over as President and CEO of Post Consumer Brands, bringing strategic expertise from Boston Consulting Group. These leadership changes are part of Post's strategy to optimize operations and improve processes across its consumer packaged goods portfolio.

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Post Holdings, Inc. (NYSE:POST) announced the acquisition of the ready-to-eat cereal business from TreeHouse Foods for $85 million. This deal is effective immediately and includes two production facilities and a research center. The acquired business is expected to modestly dilute Post's Adjusted EBITDA for fiscal year 2021, but is anticipated to be accretive in fiscal year 2022. The acquisition enhances Post's position in the cereal market and adds approximately $30 million worth of inventory.

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On June 1, 2021, TreeHouse Foods (NYSE: THS) announced the completion of its sale of the ready-to-eat (RTE) cereal business to Post Holdings, Inc. (NYSE: POST) for $85 million. This strategic move aims to enhance value for customers and shareholders while ensuring opportunities for the RTE business under Post's ownership. The acquired business includes manufacturing plants in Lancaster, Ohio and Sparks, Nevada, along with a research facility in Sauget, Illinois. The transaction reflects TreeHouse's ongoing strategy to streamline operations.

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Post Holdings, Inc. (NYSE:POST) announced the successful closing of Post Holdings Partnering Corporation's (PHPC) IPO, raising $300 million by offering 30 million units at $10.00 each. The deal includes an option for underwriters to purchase an additional 4.5 million units. Each unit comprises one share of Series A common stock and one-third of a redeemable warrant, with whole warrants exercisable at $11.50 per share. The units started trading under the ticker PSPC.U on May 26, 2021, with separate listings expected for stock and warrants.

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Post Holdings, Inc. (NYSE:POST) announced the pricing of Post Holdings Partnering Corporation's (PHPC) IPO, set at 30,000,000 units priced at $10.00 each. PHPC Sponsor, LLC plans to purchase 4,000,000 units, and underwriters have a 45-day option for an additional 4,500,000 units. Units consist of Series A common stock and redeemable warrants, listing under ticker PSPC.U on the NYSE starting May 26, 2021. The offering is expected to close on May 28, 2021. The IPO proceeds are intended to facilitate future mergers or acquisitions.

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Post Holdings reported second quarter fiscal 2021 results with net sales of $1.5 billion, a slight decline of 0.7% year-over-year. Operating profit decreased by 5.5% to $145.1 million, influenced by $17.7 million in accelerated amortization costs. Net earnings surged to $109.9 million, marking a 157.4% increase from a prior year loss. Adjusted EBITDA was $263.8 million, down 9.6%. Management expects fiscal 2021 Adjusted EBITDA of $590-$620 million for the second half.

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Post Holdings, Inc. (NYSE:POST) announced the appointment of Jennifer Kuperman and Thomas Erb to its Board of Directors, effective May 4, 2021. With these additions, the Board now comprises eleven members.

Kuperman previously held significant roles at Alibaba Group and Visa Inc., bringing extensive corporate communication experience. Erb, former Chairman of Lewis Rice LLC, offers legal expertise in corporate governance and M&A transactions. These strategic appointments aim to enhance the company's leadership and governance framework.

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Post Holdings, Inc. (NYSE:POST) will hold a conference call on May 7, 2021, at 9:00 a.m. EDT to discuss its financial results for Q2 2021 and provide an outlook for the fiscal year. The financial results will be released after market close on May 6, 2021. The call will include insights from Robert V. Vitale, CEO, and Jeff A. Zadoks, CFO. Interested parties can join the call by phone or via webcast. A replay will be available until May 21, 2021. Post Holdings operates in multiple food categories, including its well-known brands like Post Consumer Brands and Premier Protein.

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Post Holdings, Inc. (NYSE: POST) announced a pricing of $1.8 billion in 4.50% senior notes due in 2031. The offering is set to close on March 10, 2021. The company plans to redeem its 5.00% senior notes due August 2026, totaling $1.697 billion, on March 11, 2021, at par value plus a specified premium. Proceeds from the new notes will finance this redemption and cover related costs, with any excess used for general corporate purposes, including acquisitions and debt retirement.

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Post Holdings, Inc. (NYSE:POST) announced a private offering of $1.8 billion in senior notes due 2031. The notes will be unsecured and guaranteed by existing subsidiaries, with proceeds aimed at redeeming the 5.00% senior notes due 2026 and covering offering costs. Remaining funds may support acquisitions, share repurchases, or debt retirement. The offering is exempt from registration under the Securities Act, targeting qualified institutional buyers. Forward-looking statements caution that the offering's completion is uncertain and subject to various risks.

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FAQ

What is the current stock price of POST HOLDINGS (POST)?

The current stock price of POST HOLDINGS (POST) is $114.48 as of December 28, 2024.

What is the market cap of POST HOLDINGS (POST)?

The market cap of POST HOLDINGS (POST) is approximately 6.7B.

What does Post Holdings, Inc. specialize in?

Post Holdings, Inc. specializes in consumer packaged goods, operating in segments like center-of-the-store, refrigerated, active nutrition, and private label food categories.

What are some key brands under Post's portfolio?

Key brands include Honey Bunches of Oats®, Pebbles™, Great Grains®, Grape-Nuts®, Attune®, Uncle Sam®, Papetti's®, and Simply Potatoes®.

How is Post Holdings addressing the recent avian influenza outbreak?

Post Holdings is taking measures to mitigate the impact of the avian influenza outbreak on its egg-laying flocks and ensuring the continuity of its supply chain.

What recent acquisitions has Post Holdings made?

Recent acquisitions include Perfection Pet Foods and Deeside Cereals, expanding Post's market reach and product offerings.

Why is the Lancaster facility closing?

The Lancaster facility is closing to optimize production capacity and achieve cost savings, estimated at $23 to $25 million annually starting in fiscal year 2025.

Where is Post Holdings headquartered?

Post Holdings is headquartered in St. Louis, Missouri.

How did Post Holdings perform financially in the latest quarter?

Post Holdings saw a significant increase in net sales and operating profit in the latest quarter, driven by strategic acquisitions and organic growth.

What product categories does Post Holdings operate in?

Post Holdings operates in center-of-the-store, refrigerated, active nutrition, and private label food categories.

How can I learn more about Post Holdings?

For more information, visit Post Holdings' official website at www.postholdings.com.

Who can I contact for investor relations at Post Holdings?

For investor relations, contact Daniel O'Rourke at daniel.orourke@postholdings.com or call (314) 806-3959.
POST HOLDINGS, INC.

NYSE:POST

POST Rankings

POST Stock Data

6.66B
46.61M
19.4%
96.14%
2.78%
Packaged Foods
Grain Mill Products
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United States of America
ST. LOUIS