On December 1, 2025, the Company completed its previously announced sale of 8th Avenue’s pasta business (the “Pasta Business”) for a preliminary price of $375.0, subject to working capital adjustments, resulting in total proceeds at closing of $378.5. As part of the sale, the acquirer also assumed $78.2 of leaseback financial liabilities of the Pasta Business. Prior to the sale, the Pasta Business was reported in the Post Consumer Brands segment and the related assets and liabilities were classified as held for sale as of September 30, 2025. During the three months ended December 31, 2025, the Company recorded a gain of $9.7 related to the sale of the Pasta Business, which was reported in “Other operating (income) expense, net” in the Condensed Consolidated Statements of Operations. There were no held for sale gains or losses recorded during the three months ended December 31, 2024.

The following table presents the major classes of assets and liabilities comprising “Current assets held for sale,” “Other assets held for sale,” “Current liabilities held for sale” and “Other liabilities held for sale” on the Condensed Consolidated Balance Sheets as of September 30, 2025, prior to the sale of the Pasta Business. There were no assets or liabilities held for sale at December 31, 2025.




Receivables, net	$	54.6
Inventories	58.9
Prepaid expenses and other current assets	2.8
Current assets held for sale	$	116.3

Property, net	$	123.2
Goodwill	141.5
Other intangible assets, net	157.6
Other assets	2.5
Other assets held for sale	$	424.8

Accounts payable	$	34.4

Other current liabilities	21.1
Current liabilities held for sale	$	55.5

Long-term debt (a)	$	78.2
Deferred income taxes	39.8
Other liabilities	1.7
Other liabilities held for sale	$	119.7

(a) Long-term debt represents leaseback financial liabilities for certain pasta manufacturing facilities, which were assumed by the acquirer as part of the Pasta Business sale. See Note 4 for additional information regarding these leaseback financial liabilities.

In connection with the Pasta Business sale, the Company entered into a transition services agreement (the “TSA”) with the acquirer, pursuant to which the Company provides certain support services to the acquirer for a transition period following the close of the Pasta Business sale based on the terms set forth in the TSA. In accordance with the terms of the TSA, Post collects sales receivables from customers and remits payments to vendors for the Pasta Business, and the net cash received and paid by Post on behalf of the Pasta Business is settled between the Company and the acquirer on a monthly basis. As of December 31, 2025, the Company had recorded a net payable due to the acquirer of $16.4, which was recorded within “Accounts payable” on the Condensed Consolidated Balance Sheets.