Post Holdings is experiencing a reversal of growth trends across its business, in which its foodservice unit is driving most of the recent sales momentum, compared to one year ago when its retail business was experiencing unprecedented growth.
Faster than expected inflation increases, weather-related supply disruptions and labor challenges held back Post Holdings production and exacerbated an already difficult quarter for comparisons resulting in tighter margins during the company’s second...
Pandemic-fueled demand for nostalgic, convenient foods combined with innovative, cross-category launches help fuel a “strong quarter” for Post Consumer Brands’ US cereal business, despite supply constraints related to COVID-19 absenteeism at a production...
Surging COVID-19 cases across the country in the coming three months presents “a very challenging environment,” which threatens near term supply chain viability despite proactive steps to protect employees and automate production, warns Post Holdings...
TreeHouse Foods is selling two bakery facilities to Rich Products Corporation, following the announcement that its deal to sell the ready-to-eat cereal business to Post has ended after a complaint filed by the Federal Trade Commission (FTC).