Post Holdings, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended September 30, 2024
November 14, 2024 at 05:00 pm EST
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Post Holdings, Inc. reported earnings results for the fourth quarter and full year ended September 30, 2024. For the fourth quarter, the company reported sales was USD 2,010.1 million compared to USD 1,945.4 million a year ago. Net income was USD 81.6 million compared to USD 65.7 million a year ago. Basic earnings per share from continuing operations was USD 1.39 compared to USD 1.08 a year ago. Diluted earnings per share from continuing operations was USD 1.28 compared to USD 1.01 a year ago.
For the full year, sales was USD 7,922.7 million compared to USD 6,991 million a year ago. Net income was USD 366.7 million compared to USD 301.3 million a year ago. Basic earnings per share from continuing operations was USD 6.12 compared to USD 5.21 a year ago. Diluted earnings per share from continuing operations was USD 5.64 compared to USD 4.82 a year ago.
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 segments include Post Consumer Brands, Weetabix, Foodservice, and Refrigerated Retail. The Post Consumer Brands segment manufactures, markets and sells a portfolio of branded and private label human and pet food products in the ready-to-eat (RTE) cereal, hot cereal, peanut butter and dog and cat food categories in North America. The Weetabix segment markets and distributes branded and private label RTE cereal products. Weetabix is a manufacturers breakfast cereals category, with its core brands being Weetabix and Alpen. Foodservice segment produce and distribute egg and potato products in the foodservice and food ingredient channels. Refrigerated Retail segment produce and distribute side dishes, eggs and egg products, sausage, cheese and other dairy and refrigerated food products to retail customers.