ST. LOUIS (AP) — ST. LOUIS (AP) — Post Holdings Inc. (POST) on Thursday reported net income of $81.9 million in its fiscal second quarter.
On a per-share basis, the St. Louis-based company said it had profit of $1.56. Earnings, adjusted for non-recurring costs, were $1.94 per share.
The cereal maker posted revenue of $2.04 billion in the period.
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, source Associated Press News
Post Holdings, Inc. is a consumer-packaged goods holding company with businesses operating in the center-of-the-store, refrigerated, foodservice and food ingredient categories. Its businesses include Post Consumer Brands, Weetabix, Michael Foods, and Bob Evans Farms. Its segments include Post Consumer Brands, Weetabix, Foodservice, and Refrigerated Retail. Post Consumer Brands segment manufactures, markets and sells human and pet food products, primarily in the ready-to-eat (RTE) cereal, granola, hot cereal, nut butter and dog and cat food categories in North America. Weetabix segment markets and distributes branded and private label RTE cereal products. Weetabix is a manufacturer's breakfast cereals category, with its brands being Weetabix and Alpen. Foodservice segment produces and distributes egg and potato products through the foodservice and food ingredient channels. Refrigerated Retail segment produces and distributes side dishes, eggs and egg products, sausage, and others.
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