v3.25.4
Segments
 3 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Segments SEGMENTS
At December 31, 2025, the Company managed and reported operating results through the following four reportable segments:
•Post Consumer Brands: primarily North American RTE cereal and granola, pet food and nut butters;
•Foodservice: primarily egg and potato products;
•Refrigerated Retail: primarily side dish, egg, cheese and sausage products; and
•Weetabix: primarily U.K. RTE cereal, muesli and protein-based shakes.
The Company’s chief operating decision maker (“CODM”), who is the Company’s President and Chief Executive Officer, utilizes segment profit to assess segment performance and allocate segment resources. Segment profit for all segments is its earnings/loss before income taxes and equity method earnings/loss before impairment of property, goodwill and other intangible assets, facility closure related costs, restructuring expenses, gain/loss on assets and liabilities held for sale, gain/loss on sale of businesses and facilities, demolition and site remediation costs related to unused facilities, gain on/adjustment to bargain purchase, interest expense and other unallocated corporate income and expenses. Segment profit is used during the Company’s annual planning process and is utilized by the CODM to monitor monthly segment results compared to prior periods, the annual plan and periodic forecasts.
The following tables present net sales, significant segment expenses (cost of goods sold and selling, general and administrative expenses) and segment profit by reportable segment. Certain inter-segment sales are presented on a gross basis by reportable segment to the CODM and eliminated within consolidated net sales.
Three Months Ended December 31, 2025
Post Consumer Brands
Foodservice
Refrigerated Retail
Weetabix
Total
Net Sales
Segment
$1,103.8 $669.1 $266.6 $137.9 $2,177.4 
Corporate and eliminations
(2.8)
Total
$2,174.6 
Less:
Cost of goods sold775.9 496.2 181.7 83.3 
Selling, general and administrative expenses 170.9 42.2 43.7 31.9 
Other segment expenses, net (a)
24.8 13.2 10.8 1.0 
Segment Profit132.2 117.5 30.4 21.7 301.8 
General corporate expenses and other
58.8 
Interest expense, net
103.4 
Loss on extinguishment of debt, net17.5 
Income on swaps, net
(1.9)
Earnings before income taxes and equity method earnings$124.0 
(a)Other segment expenses included (i) amortization of intangible assets for all segments, (ii) loss on sale of property for the Post Consumer Brands, Foodservice and Refrigerated Retail segments, (iii) gain on sale of property for the Weetabix segment and (iv) certain pension and other postretirement plan adjustments for the Post Consumer Brands and Weetabix segments.
Three Months Ended December 31, 2024
Post Consumer Brands
Foodservice
Refrigerated Retail
Weetabix
Total
Net Sales
Segment
$963.9 $616.6 $266.6 $127.6 $1,974.7 
Corporate and eliminations
— 
Total
$1,974.7 
Less:
Cost of goods sold635.2479.4187.780.8
Selling, general and administrative expenses 175.238.444.430.4
Other segment expenses, net (a)
22.512.710.30.5
Segment Profit131.086.124.215.9257.2
General corporate expenses and other
37.3
Interest expense, net
84.1
Loss on extinguishment of debt, net5.8
Income on swaps, net
(15.4)
Earnings before income taxes and equity method earnings$145.4 
(a)Other segment expenses included (i) amortization of intangible assets for all segments, (ii) loss on sale of property for the Post Consumer Brands segment, (iii) gain on sale of property for the Foodservice and Refrigerated Retail segments and (iv) certain pension and other postretirement plan adjustments for the Post Consumer Brands and Weetabix segments.
The following tables present additions to property and intangibles, depreciation and amortization and total assets by reportable segment. Additions to property and intangibles exclude any additions through business acquisitions (see Note 4). Due to the level of integration between the Foodservice and Refrigerated Retail segments, it is impracticable to present additions to property and intangibles and total assets separately for each segment. As such, an allocation has been made between the two segments for depreciation based on inventory costing.
Three Months Ended
December 31,
20252024
Additions to property and intangibles
Post Consumer Brands$70.8 $79.5 
Foodservice and Refrigerated Retail
39.9 51.1 
Weetabix4.4 8.4 
Corporate1.3 — 
Total$116.4 $139.0 
Depreciation and amortization
Post Consumer Brands$67.1 $58.2 
Foodservice35.8 31.7 
Refrigerated Retail19.3 17.4 
Weetabix11.3 12.0 
Total segment depreciation and amortization133.5 119.3 
Corporate19.0 1.0 
Total$152.5 $120.3 
AssetsDecember 31,
2025		September 30, 2025
Post Consumer Brands$5,690.6 $6,290.2 
Foodservice and Refrigerated Retail 4,996.2 5,028.1 
Weetabix1,926.2 1,924.9 
Corporate371.3 285.2 
Total assets$12,984.3 $13,528.4 
The following table presents net sales by product.
Three Months Ended
December 31,
20252024
Net sales by product
Cereal and granola
$654.6 $645.0 
Eggs and egg products589.3 559.0 
Pet food360.4 408.9 
Side dishes (including potato products)221.5 212.6 
Nut butters105.8 28.1 
Sausage53.1 50.7 
Cheese and dairy
41.3 42.7 
Protein-based products29.3 13.6 
Other122.1 14.1 
Eliminations (2.8)— 
Total$2,174.6 $1,974.7