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 Friday, August 2, 2024, at 9:00 a.m. ET to discuss its third-quarter fiscal year 2024 financial results and outlook. The financial results will be released after market close on Thursday, August 1, 2024. Key executives, including CEO Robert V. Vitale, COO Jeff A. Zadoks, and CFO Matthew J. Mainer, will lead the call and respond to questions. Interested parties can join the call via provided phone numbers or access a webcast through Post's website. A replay will be available until August 9, 2024, both via phone and on the website.
Post Holdings (NYSE:POST) has announced executive leadership changes at its Weetabix and Refrigerated Retail businesses as part of ongoing succession planning.
Sally Abbott will transition to a strategic advisor role effective Oct. 1, 2024, until her planned retirement on March 31, 2025. She will be succeeded by Colm O'Dwyer as Managing Director of Weetabix. Abbott, who joined in 2008, led several key acquisitions and successfully integrated Weetabix into Post Holdings. O'Dwyer, Commercial Director since 2018, played a pivotal role in evolving the company's pricing, promotion, and international strategies.
Similarly, Mark Delahanty will transition to a strategic advisor role on Dec. 1, 2024, until his retirement on May 31, 2025. Mike McCoy will succeed Delahanty as President and CEO of Post Refrigerated Retail, effective Oct. 1, 2024. McCoy has extensive experience in various critical business areas within Post.
Weetabix and Refrigerated Retail are currently evaluating candidates to fill the roles vacated by these transitions.
Post Holdings (NYSE:POST) has reported avian influenza cases at two third-party contracted egg-laying facilities. These farms, located in Minnesota and Iowa, house about 5.7 million hens, constituting roughly 14% of Post's egg supply. Despite this, the company has reaffirmed its fiscal year 2024 Adjusted EBITDA guidance, projecting between $1,335 million and $1,375 million. The financial impact of the avian influenza cases is considered manageable within this range. Notably, this guidance does not account for a significant outbreak, the effects of which are unpredictable. Further updates will only be provided if additional cases impact more than 5% of the controlled supply.
Post Holdings, Inc. (POST) reported strong results for the second fiscal quarter of 2024, with net sales reaching $2.0 billion, operating profit at $190.1 million, net earnings of $97.2 million, and Adjusted EBITDA of $345.2 million. The company also raised its fiscal year 2024 Adjusted EBITDA outlook to $1,335-$1,375 million.
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