Post Holdings (POST) Tops Q1 EPS by 7c
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Post Holdings Reports Results for the First Quarter of Fiscal Year 2018
February 1, 2018 5:02 PM ESTST. LOUIS, Feb. 01, 2018 (GLOBE NEWSWIRE) -- Post Holdings, Inc. (NYSE: POST), a consumer packaged goods holding company, today reported results for the first fiscal quarter ended December 31, 2017.
Highlights:
·       Net sales of $1.4 billion; operating profit of $164.5 million; net earnings of $294.9 million and Adjusted EBITDA of $281.6 million
·       Completed the acquisition of Bob Evans Farms on January 12, 2018; raised annual run-rate cost synergies to $35-$40 million by fiscal year 2020
·       Updated fiscal year 2018 Adjusted EBITDA (non-GAAP) guidance range of $1.22-$1.25 billion
