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.
Post Holdings, Inc. (NYSE:POST) plans to hold a conference call on February 4, 2022, at 9:00 a.m. EST, to discuss its financial results for Q1 FY2022 and provide an outlook for the fiscal year. The company's earnings report will be released after market close on February 3, 2022. Interested participants can join via telephone or listen to a webcast on the Investor Relations section of the Post website. A replay of the call will be available until February 18, 2022. Post operates major brands in consumer packaged goods, including cereals, refrigerated foods, and convenient nutrition.
Post Holdings announced the pricing of its senior notes offering, increasing the size from $350 million to $500 million. The 5.50% senior notes due 2029 were priced at 103.5% of principal, yielding 4.819%. The offering, closing on December 22, 2021, is aimed at general corporate purposes, including share repurchases and debt retirement. The notes will be unsecured and backed by the company's domestic subsidiaries. They are offered to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S.
Post Holdings, Inc. (NYSE:POST) announced plans for a private offering of $350 million in 5.50% senior notes due 2029, adding to previously issued notes of $750 million. The Notes will be unsecured and guaranteed by existing domestic subsidiaries. Proceeds are intended for general corporate purposes, including share repurchases, acquisitions, debt repayment, and working capital. The offering is exempt from registration under the Securities Act, targeting institutional buyers. Forward-looking statements warn of risks that could impact the offering’s execution.
Post Holdings, Inc. released its 2021 Environmental, Social and Governance (ESG) report, highlighting sustainability efforts and future commitments in areas like greenhouse gas emissions, water stewardship, waste management, and animal welfare. CEO Rob Vitale emphasized the company's moral and economic responsibilities towards stakeholders. The report also addresses diversity, equity, inclusion, community engagement, governance, and employee safety. For further details, the full report can be accessed on the Post Holdings website.
Post Holdings, Inc. (NYSE:POST) reported its fourth fiscal quarter and year-end results for 2021. For Q4, net sales reached $1.7 billion, a 20.1% increase year-over-year. Operating profit fell 23.0% to $137.8 million, while net earnings dropped 47.5% to $29.9 million. Fiscal year 2021 net sales amounted to $6.2 billion with adjusted EBITDA of $1.12 billion. The company anticipates adjusted EBITDA for fiscal 2022 will be between $1.16-$1.20 billion. Ongoing supply chain issues and inflationary pressures continue to challenge profitability.
Post Holdings, Inc. (NYSE:POST) announces a conference call for November 19, 2021, at 9:00 a.m. EST to discuss its fourth-quarter financial results for fiscal 2021 and outlook for fiscal 2022. The financial results will be released after market close on November 18, 2021. Robert V. Vitale, President and CEO, and Jeff A. Zadoks, CFO, will lead the discussion. Interested participants can join via phone or online webcast, with replay options available until November 26, 2021.
Post Holdings has announced a transaction with BellRing Brands to distribute a significant portion of its interest in BellRing to shareholders. Post will exchange its membership units of BellRing for stock and debt in a newly formed subsidiary, New BellRing, which will be renamed BellRing Brands post-merger. This transaction aims to enhance BellRing's market position and liquidity. Post shareholders will receive at least 80% of the New BellRing stock, and Post is expected to retain a maximum of 14.2%. The distribution is anticipated to be completed in Q1 2022.
Post Holdings, Inc. (NYSE:POST) reported strong results for Q3 2021 with net sales of $1.6 billion, a 19.0% increase year-over-year. Despite operating profit rising to $206.5 million, the company reported a net loss of $54.3 million, largely due to substantial expenses related to interest rate swaps and UK tax reforms. Adjusted EBITDA was $302.6 million, up 11.7%. The company expects second half 2021 Adjusted EBITDA to range between $590-$610 million. Acquisitions in private label cereals and Egg Beaters were completed, contributing to sales growth.
Post Holdings plans to distribute a substantial portion of its 71.2% interest in BellRing Brands to its shareholders. The distribution could take the form of a pro-rata distribution, exchange offer, or a combination, depending on market conditions. Post intends to retain less than 19.5 million units of BellRing LLC for debt exchange. BellRing is expected to issue a special cash dividend to all stockholders, financed through debt transactions, with proceeds aimed at debt repayment. The transaction is anticipated to enhance strategic flexibility and liquidity for BellRing and is expected to close in the first half of 2022.
Post Holdings, Inc. (NYSE:POST) will host a conference call on August 6, 2021, at 9:00 a.m. EDT to discuss its third quarter fiscal results and FY2021 outlook. Financial results will be released post-market on August 5, 2021. Interested parties can join via phone or webcast. The company, based in St. Louis, operates various brands in the consumer packaged goods segment, including Post Consumer Brands and BellRing Brands. The conference call will feature CEO Robert V. Vitale and CFO Jeff A. Zadoks.
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