Post Holdings reports US$62.6M net income for Q2 2025

USA – Post Holdings has announced that for the quarter ended March 31, the company’s net income declined 36% to US$62.6 million, equal to US$1.03 per share on the common stock, from US$97.2 million, or US$1.48 per share, a year ago.

Adjusted net earnings, excluding mark-to-market adjustments, net expenses on swaps, restructuring and plant closure costs, and integration costs, were US$88.7 million, or US$1.41 per share, a 13% decrease from US$101.9 million, or US$1.51 per share, in the previous year. On average, analysts projected adjusted earnings per share to be US$1.21.

First-half net income decreased by 5.1% to US$175.9 million from US$185.3 million the previous year. According to Post, diluted net EPS for both six-month periods was US$2.83.

Adjusted net earnings for the first half of fiscal 2024 dropped 6.9% to US$200.7 million, or US$3.13 per share, from US$215.6 million, or US$3.13 per share. For the first quarter, the business reported sales increases and earnings.

Adjusted EBITDA increased 1.7% to US$716.4 million for the first half and 0.4% to US$346.5 million for the second quarter.

Net sales for the first half were US$3.93 billion, a 1% decrease from US$3.96 billion during the same period last year.

The largest business unit, Post Consumer Brands, had a 7.3% year-over-year decline in net sales to US$987.9 million in the second quarter. The segment’s volume, which mostly consists of ready-to-eat cereal, pet food, and peanut butter in North America, also decreased by 5.8%.

According to Post, volume fell by 5.4% for pet food, partly as a result of distribution losses and a decrease in private label and co-manufactured product sales, and 6.3% for cereal, mostly as a result of category declines. At US$139.6 million, operating profit decreased by 0.1%.

Weetabix also had a decline, with net sales falling 4.6% to US$131.7 million on a volume decline of 7.1%.

The strategic withdrawal of underperforming items, such as bars, less promotional activity, and a decline in the cereal category were the primary causes of the volume decline in the unit which produces ready-to-eat cereal, muesli, and protein-based shakes for the UK market, according to Post. Operating profit increased to US$18.2 million, a 0.6% increase. 

In the future, Post increased its adjusted EBITDA guidance range for fiscal 2025 from US$1.42 billion to US$1.46 billion to US$1.43 billion to US$1.47 billion.

Post stated that it anticipates recovering US$30 million in second-quarter expenses associated with highly pathogenic avian influenza (HPAI), which the business had previously projected to be between US$30 million and US$50 million.

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