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 leading consumer packaged goods company operating across cereals, refrigerated foods, and foodservice sectors. This news hub provides investors and industry observers with centralized access to official announcements and market-moving developments.
Track POST's strategic initiatives through press releases covering earnings results, acquisition updates, product innovations, and operational milestones. Our curated collection ensures timely access to information impacting the company's position in food manufacturing and distribution.
Key content categories include quarterly financial disclosures, brand portfolio expansions, supply chain developments, and partnership announcements. Discover updates from POST's core segments: Post Consumer Brands cereals, Weetabix operations, and refrigerated retail innovations.
Bookmark this page for direct access to primary source materials that inform investment decisions and market analysis. Regularly updated to reflect POST's evolving business strategy in the competitive packaged foods landscape.
Post Holdings reported its Q1 results for fiscal 2021, revealing net sales of $1.5 billion, a slight increase of 0.1% year-over-year. Operating profit fell 15.2% to $166.3 million, and net earnings were $81.2 million, down 18.1%. Adjusted EBITDA decreased 6.2% to $284.4 million, attributed mainly to declines in Foodservice. The company reaffirmed its Adjusted EBITDA guidance for the first half of fiscal 2021 at $520-$550 million. Notable acquisitions include Peter Pan peanut butter and Almark Foods.
PeaTos®, a snack chip brand, has raised $12.5M in a Series B round led by Post Holdings (NYSE:POST), following a $7M Series A six months prior. PeaTos aims to revolutionize snacks by incorporating nutrient-rich peas and eliminating artificial ingredients. The brand has shown significant growth and popularity, with products available in over 4,700 retailers, including Kroger and Sam’s Club. The funding will support its strategic plans and enhance its direct-to-consumer initiatives. CEO Nick Desai emphasizes a commitment to flavor without compromising nutrition.
Post Holdings, Inc. (NYSE:POST) has completed its acquisition of Almark Foods, a prominent supplier of hard-cooked and deviled egg products. This acquisition, effective February 1, 2021, is part of Post's strategy to expand its footprint in the refrigerated foods sector. Post Holdings, recognized for its diverse food brands, operates in various categories including ready-to-eat cereals and convenient nutrition. The addition of Almark Foods is anticipated to enhance Post's product offerings and strengthen its position in the market.
Hungry Planet® Inc. has partnered with Post Holdings, Inc. (NYSE:POST) to boost the distribution of its plant-based meats in response to rising demand. This collaboration will leverage Post's Foodservice and Retail units, enhancing access to Hungry Planet's products across the U.S. In conjunction, Post is also making a financial investment in Hungry Planet to support its growth. This strategic move reflects the growing consumer interest in alternative protein solutions, aligning with both companies' goals to provide innovative food options.
Post Holdings, Inc. (NYSE:POST) has formed a partnership with Hungry Planet, a plant-based meat company, to enhance distribution of its plant-based meat products across various channels. This collaboration comes in response to rising consumer demand for alternative protein solutions. Post's Foodservice and Refrigerated Retail divisions will support Hungry Planet's expansion. Additionally, Post Holdings is making a financial investment in Hungry Planet to bolster its growth. This marks Post's second venture into the sustainable food category following a previous agreement to manufacture and distribute JUST Egg.
Post Holdings has successfully completed the acquisition of the Peter Pan® peanut butter brand from Conagra Brands as of January 25, 2021. This strategic acquisition is expected to enhance Post's portfolio in the consumer packaged goods sector, especially in the peanut butter segment. The Peter Pan® brand will strengthen Post's presence in the food category, leveraging its existing operations in ready-to-eat cereals and refrigerated foods. The financial specifics of the acquisition were not disclosed, but it represents a significant development for both companies.
Post Holdings, Inc. (NYSE:POST) will hold a conference call on February 5, 2021, at 9:00 a.m. EST to discuss its financial results for Q1 FY2021 and the fiscal outlook. The financial results will be released after market close on February 4, 2021. CEO Robert V. Vitale and CFO Jeff A. Zadoks will lead the call. Interested parties can join the call via phone or webcast on the company's Investor Relations website, with a replay available until February 19, 2021.
Post Holdings, Inc. (NYSE: POST) has agreed to acquire Almark Foods, a leading provider of hard-cooked and deviled egg products. This acquisition aims to enhance Post's existing Michael Foods egg business, expanding its portfolio in the refrigerated retail segment. Almark's products are widely distributed across retail and foodservice channels. The financial terms have not been disclosed, and the acquisition is expected to complete in Q1 2021, pending customary closing conditions. There are inherent risks related to the completion of this transaction.
Post Holdings, Inc. (NYSE:POST) has released its inaugural 2020 Environmental, Social and Governance (ESG) report, highlighting significant achievements in sustainability, including water stewardship, waste management, sustainable packaging, and responsible sourcing. The report also details the company’s response to COVID-19, emphasizing employee safety measures and community support. CEO Rob Vitale expressed pride in the report, showcasing the company’s commitment to serving stakeholders through its business practices. The full report is available on the Post Holdings’ website.
On December 7, 2020, Post Holdings announced a definitive agreement to acquire the Peter Pan peanut butter brand from Conagra Brands. This iconic brand boasts a 100-year history and a diverse customer base. The acquisition will be facilitated by transitional services from Conagra. While final transaction terms remain undisclosed, it is expected to close in Q1 2021, pending regulatory approvals. This strategic move aims to enhance Post's portfolio in the consumer packaged goods sector.
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