Post Holdings (POST) Tops Q2 EPS by 46c; Boosts FY16 adj.-EBITDA Outlook

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Post Holdings Reports Results for the Second Quarter of Fiscal Year 2016

May 5, 2016 5:01 PM EDT

ST. LOUIS, May 05, 2016 (GLOBE NEWSWIRE) -- Post Holdings, Inc. (NYSE: POST), a consumer packaged goods holding company, reported results today for the fiscal quarter ended March 31, 2016.

Highlights:

Net sales of $1.3 billion and Adjusted EBITDA of $247.8 millionAnnounced Adjusted EBITDA guidance for the second half of fiscal 2016 to be between $410 million and $430 millionAnnounced an additional $25 million in synergies within the Post Consumer Brands segment

Second Quarter Consolidated Operating Results

Second quarter net sales were $1,271.1... More