Sharp drop in Post Holdings after results and guidance disappoint

|About: Post Holdings, Inc. (POST)|By:, SA News Editor

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