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ST. LOUIS , Aug. 1, 2024 /PRNewswire/ -- Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today reported results for the third fiscal quarter ended June 30, 2024. Highlights: Third quarter net sales of $1.9 billion Operating profit of $203.2 million; net earnings of $99.8 million and Adjusted EBITDA (non-GAAP)* of $350.2 million Raised fiscal year 2024 Adjusted EBITDA (non-GAAP)* outlook to $1,370-$1,390 million *For additional information regarding non-GAAP measures, such as Adjusted EBITDA, Adjusted net earnings, Adjusted diluted earnings per common share and segment Adjusted EBITDA, see the related explanations presented under "Use of Non-GAAP Measures" later in this release.
Post Holdings' (POST) value offerings, solid manufacturing and effective pricing strategies position it well for Q3 earnings amid escalated SG&A expenses and inflationary headwinds.
Post Holdings (POST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Post Holdings has a great track record of strategic M&A where the company expands the acquired businesses accretively, while the organic performance is overall stable. The expansion into pet food marks Post Holdings' newest continuation of the story with two reasonably priced acquisitions. Earnings turbulence should be expected due to a recent Influenza outbreak, but the turbulence shouldn't disturb the long-term strategy and earnings.
Managed pricing strategies, exceptional manufacturing performance, and strategic carryover pricing have been driving Post Holdings' (POST) growth amid the ongoing challenges.
ST. LOUIS , July 11, 2024 /PRNewswire/ -- Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today announced it will hold a conference call on Friday, August 2, 2024 at 9:00 a.m. ET to discuss financial results for the third quarter of fiscal year 2024 and fiscal year 2024 outlook and to respond to questions.
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