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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.

Rhea-AI Summary
Post Holdings, Inc. plans to redeem $459.3 million of its 5.75% senior notes due March 2027 at a redemption price of 100.958% of the principal amount. The redemption is subject to financing conditions and will be funded by the recent $1,000.0 million 6.25% senior secured notes offering.
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Post Holdings, Inc. announced the pricing of $1,000.0 million in senior notes due 2032, representing an increase from the original offering size of $875.0 million. The offering is expected to close on February 20, 2024, and the net proceeds will be used to repay outstanding loans, redeem existing senior notes, and for general corporate purposes. The Notes and the related subsidiary guarantees are being offered to qualified institutional buyers and non-U.S. persons.
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Post Holdings, Inc. announced a private offering of $875.0 million in aggregate principal amount of senior secured notes due 2032. The net proceeds will be used to repay outstanding term loans, redeem existing senior notes, and pay associated fees and expenses. The offering is not conditioned upon the redemption of the 5.75% senior notes due 2027, and the final terms and amounts of the Notes are subject to market conditions.
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Post Holdings, Inc. reported strong first fiscal quarter results, with net sales of $2.0 billion and operating profit of $209.3 million. Adjusted EBITDA for fiscal year 2024 is raised to $1,290-$1,340 million. The company completed multiple acquisitions, leading to significant increases in net sales and gross profit. However, net earnings decreased by 4.1% compared to the prior year period.
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Post Holdings, Inc. announced that Robert V. Vitale will resume his role as President and CEO after a medical leave. Jeff A. Zadoks will continue as Executive VP and COO. Vitale expressed gratitude for the support during his medical leave.
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Post Holdings, a consumer packaged goods holding company (NYSE:POST), will hold a conference call on February 2, 2024, to discuss financial results for the first quarter of fiscal year 2024 and fiscal year 2024 outlook. President and CEO Robert V. Vitale, EVP and COO Jeff A. Zadoks, and CFO Matthew J. Mainer will participate. Financial results will be released on February 1, 2024, after market close.
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Post Holdings, Inc. (NYSE:POST) released its 2023 Environmental, Social and Governance (ESG) report, highlighting progress across strategic pillars including sourcing, operations, products, and social initiatives. Key achievements include completing a data analytics initiative, joining CDP Supply Chain and the Supplier Leadership on Climate Transition programs, outperforming industry rates for health and safety, maintaining a focus on producing high-quality and safe products, empowering employees, and supporting local communities with significant contributions. The report reflects a commitment to long-term sustainable value and growth.
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Post Holdings, Inc. (NYSE:POST) provided information regarding avian influenza incidents at two of Michael Foods’ third-party contracted egg-laying facilities and updated its non-GAAP Adjusted EBITDA guidance for fiscal year 2024.
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Post Holdings, Inc. (NYSE: POST) has completed the acquisition of Perfection Pet Foods, LLC, effective December 1, 2023.
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Post Holdings, Inc. (NYSE:POST) has announced the planned closure of its Post Consumer Brands cereal manufacturing facility in Lancaster, Ohio, reflecting the need to reduce capacity in its cereal production network. The facility, which has approximately 200 employees, is expected to close by the end of September 2024. Post expects to incur pre-tax charges totaling approximately $49 to $55 million and anticipates annual cost savings of approximately $23 to $25 million starting in fiscal year 2025.
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FAQ

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

The current stock price of POST HOLDINGS (POST) is $114.85 as of December 20, 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

6.71B
46.61M
19.4%
96.14%
2.78%
Packaged Foods
Grain Mill Products
Link
United States of America
ST. LOUIS