Post Holdings CEO: ‘Consumers are still trying to find that historical reference price'

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Source: Getty/ Juanmonino (Getty Images)

Cereal and CPG giant Post Holdings’ fiscal year is off to a strong start despite lower volumes for its retail grocery business in the first quarter as many consumers continue to be “more selective with their spend” in the face of ongoing “significant cumulative inflation and higher interest rates,” CEO Robert Vitale told investors on Friday.