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 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.
Post Holdings (NYSE:POST) announced the pricing of its $1,200.0 million senior notes offering with a 6.375% interest rate due in 2033. The offering is expected to close on August 22, 2024, pending customary conditions. The notes, guaranteed by Post's domestic subsidiaries, are to finance a cash tender offer for up to $475.0 million of its existing 5.625% senior notes due 2028 and repay borrowings under its revolving credit facility. Remaining proceeds will be used for general corporate purposes like acquisitions, share repurchases, and debt repayment. The notes will be offered to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S. Not registered under the Securities Act, these notes cannot be offered or sold in the U.S. without an exemption. This release is not a solicitation nor a sale offer.
Post Holdings (NYSE: POST) has announced plans to offer $1,200.0 million in senior notes due 2033 to eligible purchasers. These notes will be unsecured, senior obligations guaranteed by the company's domestic subsidiaries. The net proceeds will primarily fund a concurrent cash tender offer for up to $475.0 million of existing 5.625% senior notes due 2028 and repay borrowings under its revolving credit facility. Any remaining funds will be used for general corporate purposes. The offering is subject to market conditions and is not contingent on the tender offer's completion. The notes will be offered to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act.
Post Holdings (NYSE:POST) has launched a cash tender offer to purchase up to $475.0 million of its 5.625% senior notes due 2028. The offer expires on September 6, 2024, with an early tender deadline of August 21, 2024. Holders tendering by the early deadline are eligible for the Early Tender Consideration, which includes a $50 per $1,000 principal amount premium. The offer is subject to conditions, including a financing condition. Notes tendered by the early deadline will be prioritized for acceptance. If oversubscribed, the tender offer will be prorated. The company reserves the right to increase the maximum tender amount. Barclays Capital is acting as dealer manager for the offer.
Post Holdings, Inc. (NYSE:POST) reported strong financial results for the third quarter of fiscal year 2024, ended June 30. The consumer packaged goods holding company achieved net sales of $1.9 billion, with an operating profit of $203.2 million and net earnings of $99.8 million. The company's Adjusted EBITDA (non-GAAP) reached $350.2 million.
In light of these positive results, Post Holdings has raised its fiscal year 2024 Adjusted EBITDA outlook to a range of $1,370-$1,390 million. This upward revision in guidance suggests confidence in the company's performance and growth prospects for the remainder of the fiscal year.