Post Holdings, Inc.: Initiation Of Coverage – Is Its Resilient Supply Chain Performance Likely To Last? 

Post Holdings delivered its Third Quarter fiscal 2024 earnings with robust performance and strategic
advancements leading to an increase in full-year guidance. President and CEO, Robert Vitale, expressed
contentment with the company’s progress, particularly noting solid results and key acquisitions. Despite facing a
consumer environment grappling with inflation and recent aggressive pricing changes, Post Holdings managed
to perform robustly. However, challenges persisted, particularly in the refrigerated retail sector where increased
trade investment failed to achieve sufficient incremental volume.