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Mar 31, 2024

Post Q2 2024 Earnings Report

Post Holdings reported an increase in net sales and operating profit for the second quarter of fiscal year 2024, with net sales reaching $2.0 billion and operating profit at $190.1 million.

Key Takeaways

Post Holdings reported strong second-quarter results, with net sales of $2.0 billion and an operating profit of $190.1 million. The company raised its full-year Adjusted EBITDA outlook to $1,335-$1,375 million.

Net sales increased by 23.4% to $2.0 billion.

Operating profit increased by 38.1% to $190.1 million.

Net earnings increased by 79.7% to $97.2 million.

Adjusted EBITDA increased by 24.9% to $345.2 million.

Total Revenue
$2B
Previous year: $1.62B
+23.4%
EPS
$1.51
Previous year: $1.1
+37.3%
Adjusted EBITDA
$345M
Previous year: $276M
+24.9%
Gross Profit
$580M
Previous year: $414M
+40.1%
Cash and Equivalents
$333M
Previous year: $491M
-32.1%
Free Cash Flow
$151M
Total Assets
$12.2B
Previous year: $11.3B
+7.7%

Post

Post

Post Revenue by Segment

Forward Guidance

Post management has raised its guidance range for Adjusted EBITDA to $1,335-$1,375 million and expects fiscal year 2024 capital expenditures to range between $420-$445 million.

Revenue & Expenses

Visualization of income flow from segment revenue to net income