Post Holdings Inc is a consumer packaged goods holding company that specializes in the manufacturing, marketing, and distribution of a wide range of food products. The company operates through various segments, including the production of ready-to-eat cereal, refrigerated and frozen breakfast foods, and nutritional products. Post Holdings is known for its popular brands, which cater to diverse consumer preferences and dietary needs. The company's portfolio also includes snacks and other food items, aimed at enhancing everyday meals and providing convenient options for consumers. Through strategic acquisitions and innovation, Post Holdings works to expand its market presence and meet the evolving demands of the food industry.
Looking back on shelf-stable food stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including B&G Foods (NYSE:BGS) and its peers.
Packaged foods company Post (NYSE:POST) announced better-than-expected revenue in Q3 CY2024, with sales up 3.3% year on year to $2.01 billion. Its non-GAAP profit of $1.53 per share was 25.2% above analysts’ consensus estimates.
Signs of a waning Trump-led rally emerged Thursday as investors assessed the economic outlook and awaited potential signals on the interest-rate path from the upcoming Fed Chair Jerome Powell‘s speech in Dallas at 3 p.m. ET.
ST. LOUIS, June 03, 2024 (GLOBE NEWSWIRE) -- Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today announced planned executive leadership changes at its Weetabix and Refrigerated Retail businesses. These transitions and internal promotions are part of the company’s ongoing business succession planning.
ST. LOUIS, May 29, 2024 (GLOBE NEWSWIRE) -- Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today provided information regarding avian influenza incidents at two of Michael Foods’ third-party contracted egg-laying facilities. Post also affirmed its non-GAAP Adjusted EBITDA guidance for fiscal year 2024.
ST. LOUIS, May 02, 2024 (GLOBE NEWSWIRE) -- Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today reported results for the second fiscal quarter ended March 31, 2024.
ST. LOUIS, April 11, 2024 (GLOBE NEWSWIRE) -- Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today announced it will hold a conference call on Friday, May 3, 2024 at 9:00 a.m. ET to discuss financial results for the second quarter of fiscal year 2024 and fiscal year 2024 outlook and to respond to questions. Robert V. Vitale, President and Chief Executive Officer, Jeff A. Zadoks, Executive Vice President and Chief Operating Officer, and Matthew J. Mainer, Senior Vice President, Chief Financial Officer and Treasurer, will participate in the call.
Cal-Maine Foods stock rocketed to an all-time high after the company posted a surprise beat on earnings and announced a special dividend of $1 per share
The retail sector has been struggling amid inflationary pressure. Consumers cut down on discretionary goods and mainly spent on necessities such as grocery items throughout 2023.
ST. LOUIS, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Post Holdings, Inc. (NYSE:POST) (the “Company” or “Post”) today announced it intends to redeem 100%, or $459.3 million in aggregate principal amount, of its outstanding 5.75% senior notes due March 2027 (CUSIPS: 737446AM6, U7318UAL6 and U7318UAM4) (the “2027 Notes”) on March 1, 2024 (the “redemption date”). The 2027 Notes will be redeemed at a redemption price of 100.958% of the principal amount thereof, plus the accrued and unpaid interest to, but excluding, the redemption date (the “redemption amount”). Beginning on the redemption date, the 2027 Notes will no longer be deemed outstanding and interest will no longer accrue on such securities. Computershare Trust Company, N.A. is the trustee for the 2027 Notes.
Many investors closely monitor insider buys, as they can provide a high level of confidence. After all, if an insider didn’t believe in the company’s future pathway, why would they buy?
