Post Holdings Files 2024 10-K

TL;DR

Post Holdings filed its 2024 10-K. Check financials.

AI Summary

Post Holdings, Inc. filed its 10-K for the fiscal year ending September 30, 2024. The company, headquartered in St. Louis, MO, operates in the grain mill products sector. This filing provides a comprehensive overview of its financial performance and business operations for the period.

Why It Matters

This annual report details Post Holdings' financial health and strategic direction, offering insights for investors and stakeholders on its performance and future outlook.

Risk Assessment

Risk Level: low — This is a standard annual financial filing and does not inherently present new risks.

Key Players & Entities

• Post Holdings, Inc. (company) — Filer of the 10-K
• 20240930 (date) — Fiscal year end
• 20241115 (date) — Filing date
• ST. LOUIS, MO (location) — Company headquarters and mailing address

FAQ

Key Financial Figures

• $0.01 — ange on which registered Common Stock, $0.01 par value POST New York Stock Exchange

Filing Documents

• post-20240930.htm (10-K) — 3400KB
• ex32-postxamendedandrestat.htm (EX-3.2) — 101KB
• ex4-9descriptionofsecuriti.htm (EX-4.9) — 43KB
• ex19-1xphiinsidertradingpo.htm (EX-19.1) — 54KB
• ex21-1xsubsidiariesofphi20.htm (EX-21.1) — 54KB
• ex231consentofindependenta.htm (EX-23.1) — 3KB
• post2024930ex311.htm (EX-31.1) — 11KB
• post2024930ex312.htm (EX-31.2) — 11KB
• post2024930ex321.htm (EX-32.1) — 12KB
• image_0.jpg (GRAPHIC) — 38KB
• post-20240930_g1.jpg (GRAPHIC) — 410KB
• post-20240930_g2.jpg (GRAPHIC) — 141KB
• 0001530950-24-000365.txt ( ) — 21637KB
• post-20240930.xsd (EX-101.SCH) — 125KB
• post-20240930_cal.xml (EX-101.CAL) — 136KB
• post-20240930_def.xml (EX-101.DEF) — 917KB
• post-20240930_lab.xml (EX-101.LAB) — 1510KB
• post-20240930_pre.xml (EX-101.PRE) — 1245KB
• post-20240930_htm.xml (XML) — 3634KB

Business

Business 5 Item 1A.

Risk Factors

Risk Factors 13 Item 1B. Unresolved Staff Comments 35 Item 1C. Cybersecurity 35 Item 2.

Properties

Properties 37 Item 3.

Legal Proceedings

Legal Proceedings 38 Item 4. Mine Safety Disclosures 38 PART II Item 5. Market for Registrant's Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities 39 Item 6. [Reserved] 40 Item 7.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 41 Item 7A.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 53 Item 8.

Financial Statements and Supplementary Data

Financial Statements and Supplementary Data 55 Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure 105 Item 9A.

Controls and Procedures

Controls and Procedures 105 Item 9B. Other Information 105 Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections 105 PART III Item 10. Directors, Executive Officers and Corporate Governance 106 Item 11.

Executive Compensation

Executive Compensation 106 Item 12.

Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters

Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters 106 Item 13. Certain Relationships and Related Transactions, and Director Independence 106 Item 14. Principal Accountant Fees and Services 106 PART IV Item 15. Exhibits and Financial Statement Schedules 106 Item 16. Form 10-K Summary 111

Signatures

Signatures 112 i Table of Contents CAUTIONARY STATEMENT ON FORWARD-LOOKING STATEMENTS Forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, are made throughout this report. These forward-looking statements are sometimes identified from the use of forward-looking words such as "believe," "should," "could," "potential," "continue," "expect," "project," "estimate," "predict," "anticipate," "aim," "intend," "plan," "forecast," "target," "is likely," "will," "can," "may" or "would" or the negative of these terms or similar expressions elsewhere in this report. Our financial condition, results of operations and cash flows may differ materially from the forward-looking statements in this report. Such statements are based on management's current views and assumptions and involve risks and uncertainties that could affect expected results. Those risks and uncertainties include, but are not limited to, the following: disruptions or inefficiencies in our supply chain, inflation, labor shortages, public health crises, climatic events, highly pathogenic avian influenza and other agricultural diseases and pests, fires and other events beyond our control; changes in economic conditions, financial instability, disruptions in capital and credit markets, changes in interest rates and fluctuations in foreign currency exchange rates; volatility in the cost or availability of inputs to our businesses (including raw materials, energy and other supplies and freight); our and our customers' ability to compete in our respective product categories, including the success of pricing, advertising and promotional programs and the ability to anticipate and respond to changes in consumer and customer preferences and behaviors; our ability to hire and retain talented personnel, increases in labor-related costs, employee safety, labor strikes, work stoppages, unionizatio

BUSINESS

ITEM 1. BUSINESS Introduction We are a consumer packaged goods holding company with businesses operating in the center-of-the-store, refrigerated, foodservice and food ingredient categories. We also participate in the private brand food category, including through our ownership interest in 8th Avenue Food & Provisions, Inc. ("8th Avenue"). Unless otherwise stated or the context otherwise indicates, all references in this Form 10-K to "Post," "the Company," "us," "our" or "we" mean Post Holdings, Inc. and its consolidated subsidiaries. Post is a Missouri corporation incorporated on September 22, 2011. On February 3, 2012, Post completed its legal separation via a tax free spin-off from its former parent company. On February 6, 2012, Post common stock began trading on the New York Stock Exchange under the ticker symbol "POST". We operate in four reportable segments: Post Consumer Brands : Includes branded and private label ready-to-eat ("RTE") cereals from the businesses of Post Foods, LLC, MOM Brands Company, LLC, which Post acquired in May 2015, Weetabix North America, which Post acquired as part of its acquisition of Weetabix Limited in July 2017 referred to below, and certain private label RTE cereal operations, which Post acquired in June 2021, peanut butter under the Peter Pan brand, which Post acquired in January 2021, and branded and private label pet food, the brands and operations of which Post acquired in April 2023 ("Pet Food") and in December 2023 ("Perfection"); Weetabix : Includes the businesses of Weetabix Limited, which Post acquired in July 2017 and which produces and distributes branded and private label RTE cereal, hot cereals and other cereal-based food products and muesli primarily outside of North America, Lacka Foods Limited, which Post acquired in April 2022 and which distributes and markets protein-based shakes under the UFIT brand primarily in the United Kingdom (the "U.K."), and Deeside Cereals I Ltd, which Post acquired in December 2

View Full Filing

View this 10-K filing on SEC EDGAR