Welcome to our dedicated page for Post Hldgs news (Ticker: POST), a resource for investors and traders seeking the latest updates and insights on Post Hldgs stock.
Post Holdings, Inc. (NYSE: POST) is a consumer packaged goods holding company headquartered in St. Louis, Missouri, with businesses in center-of-the-store grocery categories, refrigerated foods, foodservice and food ingredients. The news flow around POST stock often reflects developments across its Post Consumer Brands, Weetabix, Foodservice and Refrigerated Retail operations, as well as corporate finance and governance activity.
Company press releases highlight a range of topics, including quarterly and annual financial results, segment performance and outlook updates. Earnings announcements provide detail on net sales, operating profit, net earnings and non-GAAP measures such as Adjusted EBITDA, along with commentary on trends in ready-to-eat cereal, pet food, protein-based shakes, egg and potato products and refrigerated side dishes, eggs, cheese and sausage.
Investors following Post news will also see coverage of capital structure actions, such as the issuance of 6.50% senior notes due 2036, the redemption of 5.50% senior notes due 2029 and share repurchase authorizations approved by the Board of Directors. These items shed light on how the company manages debt, liquidity and equity capital over time.
Strategic transactions are another recurring theme. Post has reported on acquisitions like Potato Products of Idaho, L.L.C. and 8th Avenue Food & Provisions, Inc., as well as the subsequent sale of 8th Avenue’s pasta business while retaining nut butters, fruit and nut products and granola businesses. Leadership and governance updates, including executive leadership changes, Board chair transitions and bylaw amendments, also appear in the company’s news releases.
This POST news page aggregates such announcements so readers can review financial updates, capital markets activity, acquisitions and divestitures, and governance developments in one place. For investors and analysts, regularly checking this feed helps track how Post’s segment performance, balance sheet decisions and strategic moves may influence the long-term profile of POST stock.
BellRing Distribution, LLC has announced a private offering of $840 million in senior notes due 2030, associated with Post Holdings' planned spin-off of 80.1% of its interest in New BellRing to shareholders. The Notes will be issued to Post as part of asset transfers and will help refinance existing debt. Following the offering, the Notes will be unsecured obligations of New BellRing and guaranteed by its subsidiaries. The offering is subject to market conditions and will not be registered under the Securities Act, limiting its resale options.
Post Holdings, Inc. (NYSE:POST) announced the final distribution ratio for the spin-off of 80.1% of its stake in BellRing Brands, Inc. Shareholders will receive 1.267788 shares of New BellRing for each share of Post held as of February 25, 2022. The distribution, amounting to 78,076,819 shares, is expected to occur in March 2022, subject to customary conditions. Two-way trading for Post shares is available until the distribution date, allowing shareholders to manage their rights to New BellRing shares. Investors are advised to consult financial advisors regarding the implications of this spin-off.
On February 24, 2022, BellRing Distribution, LLC, Post Holdings, and BellRing Brands announced the withdrawal of the private offering of senior notes due to market volatility. No senior notes will be sold. New BellRing plans to initiate a debt financing transaction soon. Additionally, Post expects to distribute approximately 80.1% of its interest in New BellRing through a spin-off to shareholders on record as of February 25, 2022, pending stockholder approval. A special meeting for this vote is set for March 8, 2022.
BellRing Distribution, LLC announced a private offering of $840 million in senior notes due 2032. This offering is linked to Post Holdings' spin-off of 80.1% of its interest in New BellRing to its shareholders. The notes will serve as partial payment for the transfer of assets from Post to New BellRing, which will utilize the cash to refinance existing debt and cover associated transaction fees. The final terms of the notes remain subject to market conditions. This announcement is part of ongoing strategic actions by Post to optimize its holdings.
Post Holdings, Inc. (NYSE:POST) announced a record date of February 25, 2022, for its spin-off of 80.1% of its interest in BellRing Brands to shareholders. Approximately 78 million shares of New BellRing will be distributed on a pro-rata basis, with holders receiving 1.261585 shares for each Post share. The spin-off is expected to be tax-free for U.S. federal income tax purposes, barring cash received for fractional shares. Completion is anticipated in Q1 2022, contingent on customary conditions and BellRing stockholder approvals. Two-way trading for Post stock will begin on or around February 24, 2022.
Post Holdings, Inc. (NYSE:POST) reported first fiscal quarter results for the period ending December 31, 2021. Net sales reached $1.64 billion, up 12.7% year-over-year, but operating profit fell to $128.7 million, a 22.6% decrease. The company posted a net loss of $20.8 million compared to net earnings in the previous year. Adjusted EBITDA decreased 7.5% to $263.1 million. Ongoing supply chain issues and inflationary pressures impacted costs and profit margins. Post reaffirmed its fiscal year 2022 Adjusted EBITDA guidance of $1.16-$1.20 billion.
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.