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Jun 30, 2023
Post Q3 2023 Earnings Report
Reported results for the third quarter of fiscal year 2023 and raised fiscal year 2023 outlook.
Key Takeaways
Post Holdings reported a 21.9% increase in net sales to $1.9 billion for the third quarter of fiscal year 2023. Operating profit increased by 50.0% to $158.3 million, and Adjusted EBITDA increased by 34.8% to $338.2 million. The company also raised its fiscal year 2023 Adjusted EBITDA guidance range to $1,180-$1,200 million.
Third quarter net sales of $1.9 billion.
Operating profit of $158.3 million; net earnings from continuing operations of $89.6 million and Adjusted EBITDA (non-GAAP) of $338.2 million.
Net sales were $1,859.4 million, an increase of 21.9%.
Raised Adjusted EBITDA (non-GAAP) guidance range for fiscal year 2023 to $1,180-$1,200 million
Revenue by Segment
Forward Guidance
Post management has raised its fiscal year 2023 Adjusted EBITDA range to $1,180-$1,200 million. Post management expects fiscal year 2024 Adjusted EBITDA to modestly exceed the midpoint of this updated fiscal year 2023 outlook. Post management expects fiscal year 2023 capital expenditures to range between $275-$300 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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