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.
Post has been treading water for the past six months, recording a small loss of 3% while holding steady at $106.73. The stock also fell short of the S&P 500’s 7.7% gain during that period.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the shelf-stable food industry, including Hain Celestial (NASDAQHAIN) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how shelf-stable food stocks fared in Q3, starting with Post (NYSEPOST).
Looking back on shelf-stable food stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including B&G Foods (NYSEBGS) and its peers.
Packaged foods company Post (NYSEPOST) 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. (NYSEPOST), 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. (NYSEPOST), 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. (NYSEPOST), 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. (NYSEPOST), 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
