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Stock impact report

Post Holdings (POST) Gains on Solid Buyouts & Pricing Actions [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
The company is on track with effective pricing actions. Strength in the Post Consumer Brands is working well for the consumer packaged goods company. These upsides boosted POST's first-quarter fiscal 2024 results, with the top and the bottom line increasing year over year and surpassing the Zacks Consensus Estimate. The Zacks Rank #1 (Strong Buy) stock has increased 16.8% in the past three months compared with the industry's 3.5% growth. Let's discuss this in detail. Image Source: Zacks Investment Research Buyouts: Key Driver Post Holdings intends to strengthen its business on the back of strategic acquisitions. In December 2023, the company acquired Perfection Pet, which is part of its Post Consumer Brands segment. On Apr 28, 2023, Post Holdings acquired a select pet food brand from The J.M. Smucker Co. Such an acquisition provides the company with a compelling entry point into the attractive and growing pet food category. In December 2023, the company also acquired Deeside Show less Read more
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