By Freddy Sebastian
Post Holdings recorded higher sales in its fiscal first quarter, buoyed by growth in its consumer brands and foodservice segments.
The cereal and pet-food distributor on Thursday posted a profit of $96.8 million, or $1.71 a share, in the quarter ended Dec. 31, down from $113.3 million, or $1.78 a share, a year earlier.
Stripping out certain one-time items, adjusted per-share earnings were $2.13, ahead of the $1.69 anticipated by analysts, according to FactSet.
The company posted a loss on extinguishment of debt of $17.5 million in the latest period in connection with a senior note redemption.
Quarterly sales rose 10.1% to $2.17 billion, in line with analysts' forecasts. Sales included $224.6 million from acquisitions in the current year period.
Net sales from consumer brands, which primarily includes North American ready-to-eat cereal and granola, pet food and nut butters, were $1.1 billion, up 14.5% from a year earlier. Foodservice, which includes primarily egg and potato products, had net sales of $669.1 million, up 8.5% from the year-earlier period.
The company, which owns Honey Bunches of Oats cereal and Kibbles 'n Bits dog food, raised its forecast for earnings before interest, taxes, depreciation and amortization to between $1.55 billion and $1.58 billion in fiscal 2026. Analysts are projecting $1.57 billion.
Post Holdings also said it expects capital expenditures between $350 million and $390 million for fiscal 2026.
Write to Freddy Sebastian at freddy.sebastian@wsj.com
(END) Dow Jones Newswires
February 05, 2026 17:25 ET (22:25 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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