Post Q3 2020 Earnings Report
Key Takeaways
Post Holdings reported a decrease in net sales by 7.1% to $1.3 billion, with operating profit decreasing by 13.2% to $172.1 million. Net earnings increased by 122.2% to $36.0 million, while Adjusted EBITDA decreased by 14.1% to $270.9 million.
Net sales reached $1.3 billion.
Operating profit was $172.1 million, with net earnings at $36.0 million and Adjusted EBITDA at $270.9 million.
A new $400 million share repurchase authorization was announced.
Cash from operations generated $319.4 million.
Post
Post
Post Revenue by Segment
Forward Guidance
Post expects Adjusted EBITDA in the fourth quarter of fiscal year 2020 to be similar in the aggregate to the third quarter of fiscal year 2020, with potentially significant changes in composition across Post’s segments. BellRing management has reaffirmed its fiscal year 2020 Adjusted EBITDA range of between $192-$202 million and now expects net sales to range between $960-$980 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income