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0 -0.000442347390150415 0.000196598840066804 -0.000589796520200553 -0.00186768898063499 -0.00275238376093582 -0.0030472820210361 -0.00270323405091916
Stock impact report

Post Holdings (POST) Gains on Favorable Pricing & Brand Strength [Yahoo! Finance]

Post Holdings, Inc. (POST) 
Last post holdings, inc. earnings: 2/6 05:00 pm Check Earnings Report
US:NYSE Investor Relations: postholdings.com/investor-relations
Company Research Source: Yahoo! Finance
POST undertakes strategic acquisitions to grow its portfolio. That being said, POST is not immune to an inflationary environment. Let's delve deeper. Pricing & Brand Strength Post Holdings has been benefiting from strategic pricing actions undertaken to counter inflationary headwinds. The trend continued in the first quarter of fiscal 2024, with the top and bottom lines increasing year over year and surpassing the Zacks Consensus Estimate. Higher average net selling prices drove the company's performance in the Post Consumer Brands and Weetabix segments. In the fiscal first quarter, Post Consumer Brands' net sales of $988.6 million surged 78.2%, primarily owing to gains from acquisitions. The company's pet food and grocery business delivered impressive results in the segment. The Pet food business performed better than expected on the back of solid manufacturing performance. The Grocery business gained from carryover pricing. The segment's profit registered significant growth, Show less Read more
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