Post Holdings Inc

POST

Equity

ISIN US7374461041 / Valor 14786937

New York Stock Exchange, Inc (2024-11-21)

USD 112.93+2.30%

Post Holdings Inc
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About company

Post Holdings Inc is a diversified consumer goods company that operates within the food industry. It functions somewhat uniquely for a public entity, adopting an operational approach akin to that of a private equity firm. This strategy emphasizes a dual focus on organic and inorganic growth, prioritizing cash flow over generally accepted accounting principles (GAAP) earnings, and aiming for portfolio optimization over mere expansion. The company's business model is designed to generate attractive, long-term risk-adjusted equity returns. Post Holdings oversees a variety of food-related businesses, leveraging this distinctive operational philosophy to manage and grow its portfolio effectively. While the company's specific product lines or brands are not detailed, its approach suggests a broad involvement in the food sector, aiming to enhance shareholder value through strategic investments and management practices.

Summarized from source with an LLMView SourceSector: Consumer Non-Cyclicals

Net Sales

Post Holdings Inc. reported net sales of $1.9 billion for the third quarter of fiscal year 2024, which ended on June 30, 2024. This represents an increase of 4.7%, or $88.3 million, compared to the same period in the previous year. The increase in net sales was driven by acquisitions completed in fiscal years 2024 and 2023.

Operating Profit

For the third quarter of fiscal year 2024, Post Holdings Inc. achieved an operating profit of $203.2 million. This marks an increase of 28.4%, or $44.9 million, compared to the prior year period. The rise in operating profit was primarily attributed to the inclusion of the Pet Food business acquired from The J. M. Smucker Company.

Net Earnings

Post Holdings Inc. reported net earnings of $99.8 million for the third quarter of fiscal year 2024, an increase of 11.4%, or $10.2 million, compared to the same quarter in the previous year. The net earnings included gains on extinguishment of debt and income on swaps, which were treated as adjustments for non-GAAP measures.

Adjusted EBITDA

In the third quarter of fiscal year 2024, Post Holdings Inc. reported an Adjusted EBITDA of $350.2 million. This represents an increase of 3.5%, or $12.0 million, compared to the prior year period. The company has also raised its fiscal year 2024 Adjusted EBITDA outlook to a range of $1,370-$1,390 million.

Dividends and Earnings Per Share

Post Holdings Inc. reported diluted earnings per common share of $1.53 for the third quarter of fiscal year 2024, compared to $1.38 in the prior year period. Adjusted diluted earnings per common share (non-GAAP) were $1.54, compared to $1.52 in the prior year period. The company did not provide specific information on dividends in this release.

Summarized from source with an LLMView Source

Key figures

31.5%1Y

11.4%3Y

11.1%5Y

Performance

17.7%1Y

31.8%3Y

31.0%5Y

Volatility