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Post Holdings, Inc. reports recurring developments for a consumer packaged goods holding company with businesses in ready-to-eat cereal, granola, pet food, nut butters, egg and potato products, side dishes, cheese, sausage and related food categories. Its news commonly covers quarterly operating results, Adjusted EBITDA outlook, segment performance across Post Consumer Brands, Weetabix, Foodservice and Refrigerated Retail, and updates tied to retail, foodservice and ingredient channels.
Company announcements also include completed portfolio actions, debt financing activity, shareholder voting matters and leadership changes at the corporate and business-unit levels. Recent corporate updates have referenced completed acquisitions integrated into Post Consumer Brands, Foodservice and Refrigerated Retail, as well as capital-structure actions involving senior notes and revolving credit facility repayment.
Post Holdings (NYSE:POST), a consumer packaged goods holding company, has completed its acquisition of 8th Avenue Food & Provisions, effective July 1, 2025.
The press release provides limited details about the transaction, with no disclosure of the acquisition value, strategic rationale, or expected financial impact on Post Holdings' operations.
Post Holdings (NYSE:POST) has announced its upcoming second quarter fiscal year 2025 earnings conference call, scheduled for Friday, May 9, 2025 at 9:00 a.m. ET. The company will release its Q2 FY2025 financial results after market close on Thursday, May 8, 2025.
Key executives participating in the call include President and CEO Robert V. Vitale, Executive VP and COO Jeff A. Zadoks, and Executive VP, CFO and Treasurer Matthew J. Mainer. The call will cover Q2 financial results, FY2025 outlook, and a Q&A session.
Investors can join via phone using the conference ID POSTQ225 or through the webcast available on Post's website. A replay will be accessible through May 16, 2025.
Post Holdings (NYSE: POST) has announced plans to close two cereal manufacturing facilities in Cobourg, Ontario and Sparks, Nevada by December 2025, affecting approximately 300 employees. The closure decision stems from declining ready-to-eat cereal category trends and the need to reduce excess manufacturing capacity.
The company expects to incur pre-tax charges of $63.5 to $67.5 million for the production transfer and facility closures. Additional capital expenditures of $5 to $7 million will be required, beyond the previously announced guidance of $380-420 million for fiscal year 2025.
Post anticipates achieving annual cost savings of $21 to $23 million starting in fiscal year 2026. Production capabilities will be transferred to other Post Consumer Brands manufacturing locations. The Cobourg facility joined Post through the Weetabix acquisition in July 2017, while the Sparks facility was acquired from Treehouse Foods in June 2021.
Post Holdings (NYSE: POST) has successfully completed its acquisition of Potato Products of Idaho (PPI) on March 3, 2025. The consumer packaged goods holding company finalized the previously announced transaction, though financial terms remain undisclosed.
Post Holdings (NYSE:POST) has released its financial results for Q1 FY2025, ending December 31, 2024. The company reported net sales of $2.0 billion and achieved an operating profit of $214.1 million. Net earnings stood at $113.3 million, while Adjusted EBITDA reached $369.9 million.
In a significant development, Post Holdings has raised its fiscal year 2025 Adjusted EBITDA outlook to a range of $1,420-$1,460 million, demonstrating increased confidence in its financial performance for the year ahead.
Post Holdings (NYSE:POST) has announced it will host a conference call on February 7, 2025 at 9:00 a.m. ET to discuss its first quarter fiscal year 2025 financial results and outlook. The company plans to release its financial results after market close on February 6, 2025.
The conference call will feature President and CEO Robert V. Vitale, Executive VP and COO Jeff A. Zadoks, and Executive VP, CFO and Treasurer Matthew J. Mainer. Participants can join via phone using the conference ID POSTQ125 or listen to the webcast through Post's Investors website section. A replay will be available through February 14, 2025.
Post Holdings (NYSE:POST) has released its 2024 Sustainability Report, highlighting significant progress across four strategic pillars: Sourcing, Operations, People, and Products. Key achievements in fiscal year 2024 include a 6% reduction in scope 1 and 2 greenhouse gas emissions compared to 2023, exceeding industry safety standards, and maintaining strong supplier engagement through CDP Supply Chain and Supplier Leadership programs.
The company demonstrated commitment to community support by donating over 13 million pounds of food and achieved a global employee promotion rate of 14.6%. The report showcases Post's evolved sustainability framework and continued focus on responsible sourcing, packaging, and product quality. According to Nick Martin, VP of Corporate Sustainability, the report reflects the company's maturing approach to sustainability initiatives.
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.