Key Takeaways Post Holdings reported Q1 fiscal 2026 EPS of $2.13 and 10.1% sales growth.Post Holdings saw Foodservice and Weetabix growth offset declines in Post Consumer Brands.Post Holdings raised FY26 adjusted EBITDA guidance to $1.55-$1.58B.Post Holdings, Inc. (POST) reported fiscal first-quarter 2026 results, wherein both the top and bottom lines increased year over year and came ahead of their respective Zacks Consensus Estimate.Post Holdings’ Q1 Metrics in DetailThe company reported adjusted earnings ...

Financial Data and Key Metrics Changes - Fiscal 2026 started strong with Q1 adjusted EBITDA significantly above expectations, leading to an increase in guidance [4] - Continued aggressive share repurchases have helped maintain net leverage flat despite operational performance [4] Business Line Data and Key Metrics Changes - The foodservice normalized run rate has been updated positively, reflecting strong operational performance [4] - The egg segment saw volume growth, particularly in higher value-added eggs, with expectations of a 3%-4% growth rate moving forward [23][45] Market Data and Key Metrics Changes - The cereal category has recently returned to historical low single-digit growth rates after significant declines, attributed to changes in consumer behavior and SNAP adjustments [11][12] - The pet category, particularly dog food, has been softer compared to cat food, with expectations of stabilization in volumes as brands are relaunched [76] Company Strategy and Development Direction - The company remains opportunistic regarding M&A, with no specific category focus but is open to investments that show potential returns [31] - Adjustments in promotional spending and assortment strategies are being made to enhance efficiency in promotional-driven channels [28] Management's Comments on Operating Environment and Future Outlook - Management acknowledges that market valuations for small-cap growth-oriented food companies are changing, making M&A more interesting as multiples decrease [10] - The company is confident in the stickiness of the foodservice normalized run rate and expects continued growth driven by value propositions [45] Other Important Information - The company has successfully closed two cereal facilities, with cost savings expected to impact the P&L starting in Q3 [78] - The company is focused on balancing attention between the foodservice segment and the RTD shakes plan, ensuring profitability before expansion [39] Q&A Session Summary Question: Market valuations and M&A activity - Management noted that changing multiples are making M&A more interesting, but it is still uncertain if valuations are attractive enough for smaller public entities [10] Question: Cereal category performance - Management indicated that recent improvements in the cereal category are linked to SNAP changes and a shift in consumer preferences towards more affordable options [12] Question: Guidance for the rest of the year - The balance of the portfolio is expected to remain similar to initial outlooks, with no material changes anticipated [21] Question: Foodservice volume growth - Management highlighted that year-over-year growth in foodservice is influenced by previous avian influenza impacts and customer inventory reloads [23] Question: Competitor behavior in the cereal market - Management stated that their strategy remains unchanged despite competitor investments in price and promotion, focusing instead on efficiency [28] Question: Pet category trends - Management expects stabilization in pet volumes, particularly with the relaunch of brands like Nutrish and Gravy Train [76] Question: Cost savings from facility closures - Cost savings from the closure of cereal facilities are expected to start impacting the P&L in Q3 [78]

Financial Data and Key Metrics Changes - Fiscal 2026 started strong with Q1 adjusted EBITDA significantly above expectations, leading to an increase in guidance [4] - The company maintained net leverage flat despite aggressive share repurchases and the sale of the 8th Avenue pasta business [4] Business Line Data and Key Metrics Changes - The foodservice normalized run rate was updated positively, contributing to the strong operating performance [4] - The egg segment saw volume growth, particularly in higher value-added eggs, with expectations of a 3%-4% growth rate moving forward [24][46] Market Data and Key Metrics Changes - The cereal category has recently returned to a low single-digit growth rate after significant declines, attributed to changes in SNAP and a shift towards more affordable breakfast options [11][12] - The pet food segment, particularly dog food, has been softer compared to cat food, with expectations of gradual recovery as brands are relaunched [78] Company Strategy and Development Direction - The company continues to focus on opportunistic capital allocation, particularly in M&A, as market valuations change [10] - There is no significant change in strategy despite competitor investments in the cereal category; the company is adjusting promotional spending to enhance efficiency [29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the normalized run rate for foodservice and the ability to grow off that base due to favorable supply and demand dynamics [46] - The company is monitoring the impact of dietary guidelines on its portfolio but believes it is well-positioned with its current offerings [74] Other Important Information - The company has successfully closed two cereal facilities, with cost savings expected to impact the P&L starting in Q3 [80] - Management is cautious about future actions to streamline the portfolio, indicating no obvious opportunities at this time [80] Q&A Session Summary Question: Market valuations and M&A activity - Management noted that changing multiples make M&A more interesting, but it is still a subjective assessment [10] Question: Cereal category trends - Management indicated that recent improvements in the cereal category are linked to SNAP changes and a shift in consumer behavior towards more affordable options [12] Question: Foodservice business expectations - Management stated that the balance of the portfolio remains in line with initial expectations, with no material changes anticipated [22] Question: RTD shakes ramp-up - Management acknowledged ongoing challenges with production efficiency but remains optimistic about the long-term potential of the RTD shakes business [39] Question: Pet food category trends - Management confirmed that the dog food segment remains softer, but improvements are expected as brands are relaunched [78] Question: Cost savings from facility closures - Management expects cost savings from closed facilities to start impacting the P&L in Q3, with no immediate plans for further streamlining [80]

Post Holdings (NYSE:POST) Q1 2026 Earnings call February 06, 2026 09:00 AM ET Speaker9Welcome to the Post Holdings First Quarter 2026 Earnings Conference Call and Webcast. At this time, all participants have been placed on a listen-only mode, and the floor will be open for your questions following the presentation. If you would like to ask a question at that time, please press star one on your telephone keypad. If at any point your question has been answered, you may remove yourself from the queue by pressi ...

Post Holdings (POST) came out with quarterly earnings of $2.13 per share, beating the Zacks Consensus Estimate of $1.66 per share. This compares to earnings of $1.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +28.57%. A quarter ago, it was expected that this cereal maker would post earnings of $1.92 per share when it actually produced earnings of $2.09, delivering a surprise of +8.85%.Over the last four quarters, the comp ...

Financial Performance - Net sales increased by $199.9 million, or 10%, to $2,174.6 million for the three months ended December 31, 2025, compared to $1,974.7 million in the prior year[110] - Operating profit rose by $24.3 million, or 11%, to $238.4 million for the same period, driven by higher segment profit across all segments[112] - Net earnings decreased by $16.5 million, or 15%, to $96.8 million for the three months ended December 31, 2025, compared to $113.3 million in the prior year[110] Segment Performance - Post Consumer Brands segment net sales increased by $139.9 million, or 15%, to $1,103.8 million, driven by the inclusion of three months of 8th Avenue net sales of $217.2 million[120] - Foodservice segment net sales increased by $52.5 million, or 9%, to $669.1 million, with egg product sales up by $32.9 million, or 6%[122] - Refrigerated Retail segment net sales remained flat at $266.6 million, while segment profit increased by $6.2 million, or 26%, to $30.4 million[124] - Weetabix segment net sales increased by $10.3 million, or 8%, to $137.9 million, driven by favorable foreign currency exchange impact and higher volumes[126] - Segment profit for Post Consumer Brands increased by $1.2 million, or 1%, to $132.2 million, supported by lower integration costs of $11.7 million and reduced advertising expenses of $10.5 million[121] - Segment profit for Foodservice increased by $31.4 million, or 36%, to $117.5 million, primarily due to lower raw material costs of $26.0 million[123] - Refrigerated Retail segment profit increased by $6.2 million, or 26%, to $30.4 million, driven by lower manufacturing costs[125] Expenses and Cash Flow - Interest expense increased by $19.3 million, or 23%, to $103.4 million, attributed to lower interest income and higher average outstanding principal amounts of debt[113] - General corporate expenses increased by $21.5 million, or 58%, to $58.8 million for the three months ended December 31, 2025, primarily due to higher restructuring costs and increased net losses from economic hedges[128] - Cash provided by operating activities decreased by $74.7 million to $235.7 million for the three months ended December 31, 2025, driven by higher interest payments and cash outflows in the Post Consumer Brands and Foodservice segments[138] - Cash provided by investing activities was $261.8 million for the three months ended December 31, 2025, mainly from the sale of the Pasta Business for $378.5 million, offset by capital expenditures of $116.4 million[139] - Cash used in financing activities totaled $395.8 million for the three months ended December 31, 2025, including $1,300.0 million from the issuance of senior notes and $195.0 million repaid under the Revolving Credit Facility[141] Tax and Compliance - The effective income tax rate was 22.0% for the three months ended December 31, 2025, compared to 22.1% in the prior year[117] - As of December 31, 2025, the company was in compliance with its financial covenants under the Credit Agreement, with no anticipated non-compliance in the foreseeable future[143] - As of December 31, 2025, the company was in compliance with the secured net leverage ratio financial covenant of not exceeding 4.25 to 1.00[143] Strategic Acquisitions and Future Outlook - The company completed the acquisition of 8th Avenue Food & Provisions, Inc. on July 1, 2025, enhancing its product offerings in nut butters and granola[104] - The company has made strategic acquisitions, including 8th Avenue and pet food assets in April 2023 and December 2023, which are part of its growth strategy[150] - The company expects to continue generating positive cash flows from operations, with sufficient liquidity to meet working capital requirements and other financing needs[131] - Cash on hand and cash flows from operations are projected to be adequate for future commitments, including capital expenditures and research and development activities[131] Risks and Legal Considerations - The company faces various risks including supply chain disruptions, economic conditions, and competition in product categories that could impact future performance[150] - The company is subject to various legal and regulatory risks that could affect its operations and financial results[150] - The company acknowledges the potential for impairment in the carrying value of goodwill and other assets[150] - The company has obligations related to Bob Evans Farms, Inc. that may impact its financial position[150] - There have been no significant changes to the company's critical accounting estimates since September 30, 2025[146] Shareholder Actions - The company repurchased 3.7 million shares of common stock at an average price of $101.57 per share, totaling $382.2 million[137] - The company issued $1,300.0 million principal value of 6.50% senior notes and redeemed $1,235.0 million principal value of 5.50% senior notes at a premium of $22.6 million during the three months ended December 31, 2025[130] Forward-Looking Statements - The company does not undertake any obligation to update forward-looking statements after the report date[151]

Financial Performance - Net sales for the first quarter were $2,174.6 million, a 10.1% increase from $1,974.7 million in the prior year, including $224.6 million from acquisitions[5] - Operating profit was $238.4 million, an 11.3% increase compared to $214.1 million in the prior year[6] - Net earnings decreased by 14.6% to $96.8 million from $113.3 million in the prior year[7] - Adjusted EBITDA was $418.2 million, a 13.1% increase from $369.9 million in the prior year[9] - Net sales for the three months ended December 31, 2025, were $2,174.6 million, an increase of 10.1% compared to $1,974.7 million in the same period of 2024[32] - Gross profit for the same period was $638.5 million, up from $595.3 million, reflecting a gross margin improvement[32] - Operating profit increased to $238.4 million from $214.1 million, indicating a growth of 11.3% year-over-year[32] - Net earnings for the three months ended December 31, 2025, were $96.8 million, a decrease from $113.3 million in the prior year[32] Segment Performance - Post Consumer Brands segment net sales increased by 14.5% to $1,103.8 million, including $217.2 million from 8th Avenue[10] - Foodservice segment net sales rose by 8.5% to $669.1 million, with a segment profit increase of 36.5% to $117.5 million[11] - Refrigerated Retail segment net sales were flat at $266.6 million, but segment profit increased by 25.6% to $30.4 million[12] - The Post Consumer Brands segment reported net sales of $1,103.8 million, up from $963.9 million, showing strong growth in this category[38] - Segment Profit for Post Consumer Brands was $131.0 million, representing 13.6% of Net Sales[61] - Adjusted EBITDA for the same segment was $204.8 million, accounting for 21.2% of Net Sales[61] - Segment Profit for Refrigerated was $86.1 million, which is 14.0% of Net Sales[61] - Adjusted EBITDA for Refrigerated was $116.8 million, representing 18.9% of Net Sales[61] - Segment Profit for Retail was $24.2 million, equating to 9.1% of Net Sales[61] - Adjusted EBITDA for Retail was $41.6 million, which is 15.6% of Net Sales[61] Outlook and Guidance - The company raised its fiscal year 2026 Adjusted EBITDA outlook to $1,550-$1,580 million from a previous range of $1,500-$1,540 million[19] - Adjusted EBITDA outlook for fiscal year 2026 is expected to be positively impacted by the 8th Avenue acquisition, excluding the pasta business[27] - Capital expenditures for fiscal year 2026 are expected to range between $350-$390 million, including investments in cage-free egg facility expansion[19] Cash Flow and Debt - Cash provided by operating activities was $235.7 million, down from $310.4 million in the same quarter of 2024[36] - Total assets decreased to $12,984.3 million from $13,528.4 million as of September 30, 2025[34] - Long-term debt increased slightly to $7,457.9 million from $7,421.7 million, indicating a stable leverage position[34] - Net cash provided by operating activities for Q4 2025 was $235.7 million, down from $310.4 million in Q4 2024[62] - Free Cash Flow for Q4 2025 was $119.3 million, compared to $171.4 million in Q4 2024[62] Adjustments and Costs - Adjusted Net Earnings for Q4 2025 were $123.7 million, compared to $111.9 million in Q4 2024, reflecting a year-over-year increase of approximately 10.4%[52] - Adjusted EBITDA for Q4 2025 was $418.2 million, up from $369.9 million in Q4 2024, representing a growth of about 13.0%[57] - Adjusted EBITDA as a percentage of Net Sales increased to 19.2% in Q4 2025 from 18.7% in Q4 2024, indicating improved operational efficiency[57] - Total Net Adjustments for Q4 2025 amounted to $38.9 million, compared to a negative adjustment of $1.2 million in Q4 2024[52] - The company incurred $22.6 million in debt premiums paid in Q4 2025, significantly higher than $4.4 million in Q4 2024[52] - Restructuring and facility closure costs in Q4 2025 were $23.0 million, compared to $3.6 million in Q4 2024, indicating increased restructuring activities[52] - The company reported a loss on the sale of business of $9.7 million in Q4 2025, while there were no such losses reported in Q4 2024[52] - Integration costs for Q4 2025 were $4.3 million, down from $15.6 million in Q4 2024, suggesting a decrease in integration-related expenses[52] - The income tax effect on adjustments for Q4 2025 was $12.0 million, compared to $0.2 million in Q4 2024, reflecting a significant increase in tax-related adjustments[52] Corporate Strategy - The company is focused on new product introductions and market expansion strategies to enhance competitive positioning[30] - General corporate expenses and other for Q4 2025 totaled $(37.3) million[61] - Integration costs for the period were $15.6 million[61]

ST. LOUIS, Feb. 5, 2026 /PRNewswire/ -- Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today reported results for the first fiscal quarter ended December 31, 2025. Highlights: *For additional information regarding non-GAAP measures, such as Adjusted EBITDA, Adjusted net earnings, Adjusted diluted earnings per common share and segment Adjusted EBITDA, see the related explanations presented under "Use of Non-GAAP Measures" later in this release. Post provides Adjusted EBITDA guida ...

Greg Pearson to Join Post Consumer Brands as President and Chief Executive Officer [Accessibility Statement] Skip NavigationST. LOUIS, Feb. 5, 2026 /PRNewswire/ -- Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today announced Greg Pearson will join the company as President and Chief Executive Officer of Post Consumer Brands, effective April 1, 2026. Pearson will succeed Nicolas Catoggio, who assumed the role of Post Holdings EVP, Chief Operating Officer in January 2026.Continue ...

We came across a bullish thesis on Post Holdings, Inc. on Valueinvestorsclub.com by Pluto. In this article, we will summarize the bulls’ thesis on POST. Post Holdings, Inc.'s share was trading at $101.29 as of February 2nd. POST’s trailing P/E was 17.93 according to Yahoo Finance. Post Holdings, Inc. operates as a consumer packaged goods holding company in the United States and internationally. POST stands out as an overlooked opportunity: a ~$5 billion market-cap consumer staples company with a long tra ...