Sharp drop in Post Holdings after results and guidance disappoint


Shares of Post Holdings (NYSE:POST) are in decline after the company's FQ3 results disappoint.

The food division saw sales decrease 3.4% to $238.2M due in part to weak demand for cereal.

A drop in EBITDA guidance from Post is also tipping sentiment.

POST -15.9% premarket

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Comments (2)
  • brichnyc
    , contributor
    Comments (75) | Send Message
     
    These guys need to go out and buy someone like MSLP to help them with there growth.
    8 Aug 2014, 09:18 AM Reply Like
  • Ray44
    , contributor
    Comments (87) | Send Message
     
    The CEO here is stellar, good things coming
    8 Aug 2014, 09:36 AM Reply Like
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