Post Holdings reports $343 million loss for fiscal 2014

Post Holdings on Monday reported a loss of $343.2 million, or $9.03 per share, for its recently completed fiscal year. That’s down from a profit of $15.2 million, or 30 cents per share, last year.

The Brentwood-based packaged goods holding company reported a loss of $287.4 million, or $5.86 per share, for its fiscal fourth quarter, which ended Sept. 30. It lost $900,000 during the fourth quarter of 2013.

Post has gone on a buying spree over the last two years, acquiring seven companies. Those acquisitions drove a huge jump in sales, up to $1.04 billion in the quarter from $291.7 million in the prior-year period.

Read more from the St. Louis Post-Dispatch


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