Quarterly ResultMay 7, 2026, 04:36 PM
Post Holdings Q2 Net Sales $2.04B; EPS $1.56; Divests Crystal Farms
AI Summary
Post Holdings reported strong financial results for the three months ended March 31, 2026, with net sales increasing to $2,042.9 million and diluted EPS rising to $1.56. The company also completed the sale of its Pasta Business for $375.0 million, realizing a gain of $9.7 million. However, an agreement to sell the Crystal Farms Business resulted in a $28.3 million loss on held-for-sale assets. Additionally, Post Holdings finalized the closure of two cereal manufacturing facilities as part of its restructuring efforts.
Key Highlights
- Post Holdings completed the sale of its Pasta Business for $375.0 million, recording a gain of $9.7 million.
- The company entered an agreement to sell the Crystal Farms Business, resulting in a $28.3 million loss on held-for-sale assets.
- Net Sales for the three months ended March 31, 2026, increased to $2,042.9 million from $1,952.1 million year-over-year.
- Net Earnings for the quarter rose to $81.9 million, up from $62.6 million in the prior year period.
- Diluted Earnings Per Share (EPS) for the quarter increased to $1.56, compared to $1.03 year-over-year.
- Gross Profit for the quarter grew to $617.6 million, up from $545.8 million in the same period last year.
- Operating Profit reached $211.9 million for the quarter, an increase from $182.2 million year-over-year.
- For the six months ended March 31, 2026, the company purchased $711.7 million of treasury stock and issued $2,220.0 million in debt.