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 (NYSE: POST) has announced an agreement to acquire Potato Products of Idaho (PPI), a manufacturer and packager of refrigerated and frozen potato products. The acquisition includes a manufacturing facility in Rigby, Idaho. While financial terms were not disclosed, the transaction is expected to close in the first calendar quarter of 2025, which corresponds to Post's second quarter of fiscal year 2025, subject to customary closing conditions.
Post Holdings (NYSE: POST) reported an avian influenza outbreak at a Michael Foods' third-party contracted egg-laying facility in Iowa, affecting approximately 4.5 million egg-laying hens, representing 12% of Post's controlled supply. Despite this incident, the company has affirmed its fiscal year 2025 Adjusted EBITDA guidance of $1,410-$1,460 million, stating that the financial impact falls within the projected range. The guidance assumes no significant expansion of avian influenza within Post's network. The company will only provide updates on future incidents if their cumulative effect exceeds an additional 5% of Post's controlled supply.
Post Holdings announced plans to redeem $464.9 million of its outstanding 5.625% senior notes due January 2028 on December 2, 2024. The redemption price will be 100.938% of the principal amount, plus accrued and unpaid interest. The company will fund the redemption using cash on hand, which includes proceeds from its recent October 9, 2024 issuance of $600 million in 6.25% senior notes due 2034.
Post Holdings (NYSE:POST) released its Q4 and fiscal year 2024 financial results. The company reported Q4 net sales of $2.0 billion, operating profit of $190.9 million, and net earnings of $81.6 million, with Adjusted EBITDA reaching $348.7 million. For the full fiscal year 2024, Post achieved net sales of $7.9 billion, operating profit of $793.5 million, and net earnings of $366.7 million, with Adjusted EBITDA of $1,403.6 million. Looking ahead, the company projects fiscal year 2025 Adjusted EBITDA to range between $1,410-$1,460 million.
Post Holdings (NYSE:POST) has scheduled a conference call for November 15, 2024, at 9:00 a.m. ET to discuss fourth quarter and fiscal year 2024 financial results, along with the fiscal year 2025 outlook. The company will release its financial results after market close on November 14, 2024. The call will feature President and CEO Robert V. Vitale, Executive VP and COO Jeff A. Zadoks, and SVP, CFO and Treasurer Matthew J. Mainer. Participants can join via phone or webcast, with replay options available through November 22, 2024.
Post Holdings (NYSE:POST) has priced a $600 million offering of 6.250% senior notes due 2034, an increase from the previously announced $500 million. The notes, expected to close on October 9, 2024, will be unsecured senior obligations guaranteed by Post's domestic subsidiaries. Proceeds will be used to redeem all outstanding 5.625% senior notes due 2028 and for general corporate purposes, which may include acquisitions, share repurchases, debt retirement, capital expenditures, and working capital. The offering is made to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act. The notes have not been registered under the Securities Act and may not be offered or sold in the U.S. without registration or exemption.
Post Holdings (NYSE:POST) has announced its intention to commence a private offering of $500 million in senior notes due 2034. The notes will be unsecured, senior obligations guaranteed by the company's domestic subsidiaries. Post plans to use the net proceeds to redeem all outstanding 5.625% senior notes due 2028 and for general corporate purposes, which may include acquisitions, share repurchases, debt retirement, capital expenditures, and working capital.
The offering is targeted at qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act. The notes have not been registered under the Securities Act and may not be offered or sold in the U.S. without exemption or registration. The final terms and amounts are subject to market conditions and may differ from expectations.
Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, has affirmed its fiscal year 2024 Adjusted EBITDA outlook. The company's management has maintained its guidance for fiscal year 2024 Adjusted EBITDA in the range of $1,370-$1,390 million. Post Holdings provides this guidance on a non-GAAP basis and does not offer a reconciliation to the most directly comparable GAAP measure due to the inherent difficulty in forecasting and quantifying certain amounts necessary for such reconciliation.
Post Holdings (NYSE:POST) has announced the consideration payable for its previously announced cash tender offer to purchase up to $475.0 million of its 5.625% senior notes due 2028. The Early Tender Consideration is set at $1,008.84 per $1,000 principal amount for Notes validly tendered by the Early Tender Time of August 21, 2024. The offer was oversubscribed, with $760,866,000 in principal amount tendered, exceeding the Maximum Tender Amount. As a result, the Notes will be subject to proration at approximately 62.47%. Post Holdings anticipates the Early Settlement Date to be August 23, 2024, subject to conditions being met, including sufficient proceeds from a senior notes offering to fund the purchase.
Post Holdings (NYSE: POST) announced early tender results for its cash tender offer to purchase up to $475.0 million of its 5.625% senior notes due 2028. As of August 21, 2024, $760,866,000 in principal amount had been validly tendered, exceeding the Maximum Tender Amount. Due to oversubscription, tendered Notes will be subject to proration at approximately 62.47%. The company does not anticipate accepting any Notes tendered after the Early Tender Time.
The Early Tender Consideration will be determined on August 22, 2024, based on a fixed spread plus the U.S. Treasury Reference Security yield. Post Holdings anticipates an Early Settlement Date of August 23, 2024, subject to conditions including sufficient proceeds from a senior notes offering to fund the purchase.
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