Core Viewpoint - Post Holdings, Inc. reported an increase in both earnings and revenue year over year for the first quarter of fiscal 2025, with earnings exceeding expectations while sales fell short of estimates [1]. Financial Performance - Adjusted earnings per share were $1.73, surpassing the Zacks Consensus Estimate of $1.49, and improved from $1.69 in the same quarter last year [2]. - Net sales reached $1,974.7 million, a 0.4% increase year over year, including $60.8 million from acquisitions, but missed the Zacks Consensus Estimate of $1,975 million [3]. - Gross profit was $595.3 million, up 4% year over year, with gross margin expanding to 30.1% from 29.1% [4]. - Selling, general and administrative expenses rose 2.7% to $331.6 million, representing 16.8% of net sales compared to 16.4% in the prior year [4]. - Operating profit increased 2.3% to $214.1 million, and adjusted EBITDA was $369.9 million, a 2.9% increase from $359.5 million in the previous year [5]. Segment Performance - **Post Consumer Brands**: Reported net sales of $963.9 million, down 2.5% year over year, with volumes falling 8.8% when excluding acquisition impacts. Profit dropped 1.3% to $131 million [6]. - **Weetabix**: Net sales declined 1.2% to $127.6 million, with volumes down 11.6% when excluding acquisition impacts. Profit fell 24.3% to $15.9 million [7]. - **Foodservice**: Achieved 8.7% growth in net sales to $616.6 million, with volumes up 2.8%. Profit increased 13.7% to $86.1 million [8]. - **Refrigerated Retail**: Sales dipped 5.1% to $266.6 million, with volumes down 4.4%. Profit fell 32% to $24.2 million [9]. Other Financial Aspects - The company ended the quarter with cash and cash equivalents of $872.9 million and long-term debt of $6,944.4 million [10]. - In Q1 FY25, Post Holdings repurchased 1.6 million shares for $181.1 million and approved a new $500 million share repurchase program [11]. Future Guidance - The company updated its fiscal year 2025 Adjusted EBITDA guidance to a range of $1,420-$1,460 million, up from the previous range of $1,410-$1,460 million [13]. - Capital expenditures for FY25 are expected to be between $380 and $420 million, with significant investments in network optimization and pet food safety [14].

Core Insights - Post Holdings reported $1.97 billion in revenue for the quarter ended December 2024, a year-over-year increase of 0.5% [1] - The EPS for the same period was $1.73, compared to $1.69 a year ago, with an EPS surprise of +16.11% against a consensus estimate of $1.49 [1] Revenue Performance - Net Sales for Weetabix were $127.60 million, below the four-analyst average estimate of $129.84 million, representing a year-over-year change of -1.2% [4] - Net Sales for Post Consumer Brands were $963.90 million, also below the four-analyst average estimate of $993.26 million, with a year-over-year change of -2.5% [4] - Net Sales for Foodservice reached $616.60 million, exceeding the average estimate of $581.07 million, reflecting a year-over-year change of +8.7% [4] - Net Sales for Refrigerated Retail were $266.60 million, below the average estimate of $273.42 million, with a year-over-year change of -5.1% [4] Adjusted EBITDA Performance - Adjusted EBITDA for Post Consumer Brands was $204.80 million, surpassing the average estimate of $193.67 million [4] - Adjusted EBITDA for Weetabix was $28 million, slightly below the average estimate of $29.75 million [4] - Adjusted EBITDA for Foodservice was $116.80 million, exceeding the average estimate of $108.30 million [4] - Adjusted EBITDA for Corporate/Other was -$21.30 million, close to the average estimate of -$21.43 million [4] - Adjusted EBITDA for Refrigerated Retail was $41.60 million, below the average estimate of $46.80 million [4] Stock Performance - Shares of Post Holdings have returned -2.6% over the past month, while the Zacks S&P 500 composite has changed by +2.1% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Core Viewpoint - Post Holdings reported quarterly earnings of $1.73 per share, exceeding the Zacks Consensus Estimate of $1.49 per share, and showing a slight increase from $1.69 per share a year ago, indicating a 16.11% earnings surprise [1][2] Financial Performance - The company posted revenues of $1.97 billion for the quarter ended December 2024, which was slightly below the Zacks Consensus Estimate by 0.02%, and remained unchanged compared to the previous year's revenues [2] - Over the last four quarters, Post Holdings has surpassed consensus EPS estimates four times but has only topped consensus revenue estimates once [2] Stock Performance - Post Holdings shares have declined approximately 8.4% since the beginning of the year, contrasting with the S&P 500's gain of 3.1% [3] - The current Zacks Rank for Post Holdings is 3 (Hold), suggesting that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is $1.57 on revenues of $2.01 billion, while the estimate for the current fiscal year is $6.30 on $8 billion in revenues [7] - The trend of estimate revisions for Post Holdings is mixed, which may change following the recent earnings report [6] Industry Context - The Food - Miscellaneous industry, to which Post Holdings belongs, is currently ranked in the bottom 27% of over 250 Zacks industries, indicating potential challenges for stock performance [8]

Financial Performance - Net sales for Q1 FY2025 were $1,974.7 million, a 0.4% increase from $1,965.9 million in the prior year[4] - Gross profit was $595.3 million, representing 30.1% of net sales, up from 29.1% in the prior year, an increase of 4.0%[4] - Net earnings increased by 28.6% to $113.3 million compared to $88.1 million in the prior year[6] - Adjusted EBITDA for Q1 FY2025 was $369.9 million, a 2.9% increase from $359.5 million in the prior year[8] - Operating profit rose to $214.1 million, up from $209.3 million year-over-year, indicating a growth of approximately 2.0%[32] - Net earnings for the quarter were $113.3 million, compared to $88.1 million in the prior year, marking a significant increase of about 28.5%[32] - Basic earnings per share increased to $1.94 from $1.46, representing a growth of approximately 32.9%[32] - Adjusted diluted earnings per common share for Q4 2024 were $1.73, compared to $1.69 in Q4 2023[53] Segment Performance - Post Consumer Brands segment net sales decreased by 2.5% to $963.9 million, with pet food volumes down 13.0%[9] - Weetabix segment net sales decreased by 1.2% to $127.6 million, with volumes down 11.6% excluding the impact of acquisitions[10] - Foodservice segment net sales increased by 8.7% to $616.6 million, with segment profit rising by 13.7% to $86.1 million[11] - The Foodservice segment reported net sales of $616.6 million, up from $567.1 million in the prior year, indicating a growth of about 8.7%[38] - Segment Profit for Q4 2024 was $257.2 million, with Post Consumer Brands contributing $131.0 million, Weetabix $15.9 million, Foodservice $86.1 million, and Retail $24.2 million[56] Expenses and Costs - SG&A expenses were $331.6 million, or 16.8% of net sales, an increase of 2.7% from the prior year[5] - The company reported a net income tax expense of $32.1 million for Q4 2024, compared to $28.5 million in Q4 2023[55] - Integration costs for Q4 2024 amounted to $15.6 million, up from $6.5 million in Q4 2023[55] - Restructuring and facility closure costs, including accelerated depreciation, were $3.6 million in Q4 2024, down from $9.8 million in Q4 2023[51] - The company incurred $84.1 million in net interest expense for Q4 2024, compared to $78.1 million in Q4 2023[55] - General corporate expenses increased to $52.2 million in Q4 2023 from $37.3 million in Q4 2024, indicating a rise in overhead costs[56][57] - Depreciation and amortization expenses for Q4 2024 totaled $120.3 million, compared to $112.4 million in Q4 2023, indicating a rise in asset-related costs[56][57] - Stock-based compensation increased to $19.8 million in Q4 2024 from $19.1 million in Q4 2023, reflecting ongoing employee incentive programs[56][57] Cash Flow and Investments - Cash provided by operating activities was $310.4 million, compared to $174.4 million in the same quarter of 2023, showing an increase of about 77.8%[36] - Free cash flow is a non-GAAP measure that represents net cash provided by operating activities less capital expenditures, indicating the company's ability to service debt and repurchase shares[49] - Free Cash Flow for Q4 2024 was $171.4 million, significantly higher than $93.6 million in Q4 2023, driven by an increase in net cash provided by operating activities[58] - Capital expenditures for Q4 2024 were $139.0 million, up from $80.8 million in Q4 2023, reflecting increased investment in growth initiatives[58] Outlook and Guidance - The company raised its FY2025 Adjusted EBITDA outlook to $1,420-$1,460 million from a previous range of $1,410-$1,460 million[19] - Adjusted EBITDA for Q4 2024 reached $369.9 million, representing 18.7% of Net Sales, compared to $359.5 million and 18.3% in Q4 2023[57] - Segment Profit as a percentage of Net Sales was 13.0% in Q4 2024, compared to 13.5% in Q4 2023, indicating a slight decline in profitability margins[56][57] Asset and Debt Management - Total assets decreased slightly to $12,819.6 million from $12,854.2 million as of September 30, 2024[34] - Long-term debt increased to $6,944.4 million from $6,811.6 million, reflecting a rise of approximately 1.9%[34]

Core Viewpoint - Post Holdings, Inc. reported a modest increase in net sales for the first fiscal quarter of 2025, driven by growth in the Foodservice segment, while facing declines in other segments such as Post Consumer Brands and Refrigerated Retail [4][11]. Financial Performance - Net sales reached $1,974.7 million, a 0.4% increase from $1,965.9 million in the prior year, with acquisitions contributing $60.8 million to current sales [4]. - Gross profit was $595.3 million, representing 30.1% of net sales, up from 29.1% in the prior year, indicating a 4.0% increase in gross profit [4]. - Operating profit increased by 2.3% to $214.1 million compared to $209.3 million in the prior year [5]. - Net earnings rose significantly by 28.6% to $113.3 million, with diluted earnings per share increasing to $1.78 from $1.35 [6][11]. Segment Performance - **Post Consumer Brands**: Net sales decreased by 2.5% to $963.9 million, with a volume decline of 8.8% excluding acquisition impacts [8]. - **Weetabix**: Net sales fell by 1.2% to $127.6 million, with a volume decrease of 11.6% when excluding acquisition impacts [9]. - **Foodservice**: This segment saw an 8.7% increase in net sales to $616.6 million, driven by distribution gains [10]. - **Refrigerated Retail**: Net sales decreased by 5.1% to $266.6 million, with a segment profit decline of 32.0% [12]. Adjusted Financial Metrics - Adjusted EBITDA for the quarter was $369.9 million, a 2.9% increase from $359.5 million in the prior year [7]. - Adjusted net earnings were $111.9 million, slightly down from $113.7 million in the prior year [6]. Share Repurchase and Capital Management - During the first quarter, the company repurchased 1.6 million shares for $181.1 million, with a new $500 million share repurchase authorization approved [16][17]. Outlook - The company raised its fiscal year 2025 Adjusted EBITDA guidance to a range of $1,420-$1,460 million, reflecting expectations for recovery in the Foodservice segment and capital expenditures between $380-$420 million [18][21].

Core Viewpoint - Analysts project that Post Holdings (POST) will report quarterly earnings of $1.49 per share, reflecting an 11.8% decline year over year, with revenues expected to reach $1.98 billion, a 0.5% increase from the same quarter last year [1]. Earnings Estimates - The consensus EPS estimate has been revised 0.3% higher in the last 30 days, indicating a collective reevaluation by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Key Metrics Forecast - Analysts expect 'Net Sales- Weetabix' to be $129.84 million, a 0.6% increase from the previous year [5]. - The consensus estimate for 'Net Sales- Refrigerated Retail' is $273.42 million, indicating a 2.7% decline year over year [5]. - Estimated 'Net Sales- Post Consumer Brands' is projected at $993.26 million, reflecting a 0.5% increase [5]. - 'Net Sales- Foodservice' is expected to reach $581.07 million, a 2.5% increase from the previous year [6]. Adjusted EBITDA Estimates - 'Adjusted EBITDA- Post Consumer Brands' is forecasted to be $193.67 million, compared to $189.80 million in the same quarter last year [6]. - 'Adjusted EBITDA- Weetabix' is expected to be $29.75 million, down from $30.60 million year over year [7]. - 'Adjusted EBITDA- Foodservice' is projected at $108.30 million, compared to $105.80 million in the same quarter last year [7]. - 'Adjusted EBITDA- Refrigerated Retail' is estimated to be $46.80 million, down from $53.60 million year over year [8]. Stock Performance - Post Holdings shares have decreased by 3.4% in the past month, contrasting with the Zacks S&P 500 composite's increase of 1.7% [9]. - The company holds a Zacks Rank 3 (Hold), indicating it is expected to closely follow overall market performance in the near term [9].

Core Insights - Post Holdings, Inc. (POST) is expected to report revenue growth of 0.5% year-over-year, with a consensus estimate of $1.98 billion for the first quarter of fiscal 2025 [1] - However, earnings per share (EPS) estimates have decreased by nearly 2% in the last 30 days to $1.49, indicating an 11.8% decline compared to the previous year [1] Revenue and Segment Performance - The Foodservice segment is projected to generate revenues of $581.1 million, reflecting growth from $567.1 million in the same quarter last year [3] - The effective pricing strategies of the company are helping to offset rising input costs, and strategic acquisitions, such as the integration of Perfection Pet Foods, are contributing positively to overall performance [4] Challenges and Market Conditions - Post Holdings is facing increased selling, general, and administrative expenses, particularly due to higher advertising and commercial costs [5] - Consumer demand is subdued, especially in price-sensitive categories like cereal, which is affecting the Post Consumer Brands segment [5] - Shifting consumer behavior towards value and essential products amid economic uncertainty is putting pressure on volumes [5] Earnings Prediction and Model Insights - The current model does not predict an earnings beat for Post Holdings, with a Zacks Rank of 3 and an Earnings ESP of -13.19% [6]

Core Viewpoint - The article emphasizes the importance of value investing and highlights Post Holdings (POST) as a strong value stock based on various financial metrics [1][2][6]. Financial Metrics - Post Holdings has a Price-to-Book (P/B) ratio of 1.52, which is lower than the industry average of 1.95, indicating solid valuation [3]. - The Price-to-Sales (P/S) ratio for POST is 0.79, compared to the industry average of 0.92, suggesting that the stock is undervalued relative to its sales [4]. - The Price-to-Cash Flow (P/CF) ratio for POST stands at 8.34, significantly lower than the industry average of 15.86, further indicating potential undervaluation [5]. Investment Outlook - Given the favorable financial metrics and the strength of its earnings outlook, Post Holdings is positioned as a compelling value stock at the current time [6].

ST. LOUIS, Jan. 9, 2025 /PRNewswire/ -- Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today announced it will hold a conference call on Friday, February 7, 2025 at 9:00 a.m. ET to discuss financial results for the first quarter of fiscal year 2025 and fiscal year 2025 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, Executive Vice President, ...

Post Holdings, Inc. (POST) is trading at an attractive valuation, considering its price-to-sales (P/S) multiple, which is lower than the Zacks Food – Miscellaneous industry and the broader Consumer Staples sector. POST’s forward 12-month P/S ratio is 0.79, lower than the industry average of 1.30 and the sector average of 7.67.This relative undervaluation, coupled with a strong Value Score of A, positions Post Holdings as a compelling choice for value-focused investors within the consumer staple space.Howeve ...