Post Holdings (POST) Tops Q3 EPS by 4c

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Go back to Post Holdings (POST) Tops Q3 EPS by 4c

Post Holdings Reports Results for the Third Quarter of Fiscal Year 2020

August 6, 2020 5:01 PM EDT

ST. LOUIS, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Post Holdings, Inc. (NYSE: POST), a consumer packaged goods holding company, today reported results for the third fiscal quarter ended June 30, 2020.

Highlights:

Net sales of $1.3 billionOperating profit of $172.1 million; net earnings of $36.0 million and Adjusted EBITDA of $270.9 million Announced a new $400 million share repurchase authorizationGenerated $319.4 million in cash from operations

Basis of Presentation

On October 21, 2019, the initial public offering (the IPO) of a minority... More