v3.24.1.u1
Segments
 6 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Segments SEGMENTS
At March 31, 2024, the Company managed and reported operating results through the following four reportable segments:
•Post Consumer Brands: North American RTE cereal, pet food and peanut butter;
•Weetabix: primarily U.K. RTE cereal, muesli and protein-based shakes;
•Foodservice: primarily egg and potato products; and
•Refrigerated Retail: primarily side dish, egg, cheese and sausage products.
Due to the level of integration between the Foodservice and Refrigerated Retail segments, it is impracticable to present total assets separately for each segment. An allocation has been made between the two segments for depreciation based on inventory costing.
Amounts reported for Corporate in the table below include any amounts attributable to PHPC prior to the PHPC Redemption in the third quarter of fiscal 2023 (see Note 3).
Management evaluates each segment’s performance based on its segment profit, which 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, gain on/adjustment to bargain purchase, interest expense and other unallocated corporate income and expenses.
The following tables present information about the Company’s reportable segments. In addition, the tables present net sales by product.
Three Months Ended
March 31,		Six Months Ended
March 31,
2024202320242023
Net Sales
Post Consumer Brands$1,065.5 $599.1 $2,054.1 $1,153.8 
Weetabix138.0 124.9 267.1 243.0 
Foodservice554.8 633.2 1,121.9 1,233.7 
Refrigerated Retail240.4 262.7 521.3 555.7 
Eliminations and Corporate0.3 — 0.5 — 
Total$1,999.0 $1,619.9 $3,964.9 $3,186.2 
Segment Profit
Post Consumer Brands$139.7 $75.5 $272.4 $154.8 
Weetabix18.1 19.4 39.1 40.9 
Foodservice64.5 78.1 140.2 157.2 
Refrigerated Retail22.4 18.2 58.0 39.2 
Total segment profit244.7 191.2 509.7 392.1 
General corporate expenses and other51.8 50.0 104.0 87.6 
Interest expense, net80.0 63.8 158.1 129.7 
Loss (gain) on extinguishment of debt, net0.3 (6.1)(2.8)(14.8)
(Income) expense on swaps, net(13.3)9.0 7.8 (3.3)
Earnings before income taxes and equity method loss$125.9 $74.5 $242.6 $192.9 
Net sales by product
Cereal$706.6 $690.3 $1,361.8 $1,327.7 
Eggs and egg products517.0 609.4 1,039.8 1,178.1 
Side dishes (including potato products)184.8 184.7 401.8 390.0 
Pet food460.7 — 887.3 — 
Cheese and dairy41.4 47.9 90.0 101.0 
Sausage40.1 40.2 89.2 92.3 
Peanut butter27.3 26.0 54.7 54.9 
Protein-based products8.4 7.7 13.5 14.2 
Other12.7 14.5 26.8 28.8 
Eliminations — (0.8)— (0.8)
Total$1,999.0 $1,619.9 $3,964.9 $3,186.2 
Depreciation and amortization
Post Consumer Brands$51.7 $32.8 $101.2 $65.1 
Weetabix9.8 8.9 19.4 17.4 
Foodservice33.3 32.0 65.8 63.7 
Refrigerated Retail17.7 19.3 35.6 38.3 
Total segment depreciation and amortization112.5 93.0 222.0 184.5 
Corporate7.1 1.2 10.0 2.3 
Total$119.6 $94.2 $232.0 $186.8 
AssetsMarch 31,
2024		September 30, 2023
Post Consumer Brands$4,983.5 $4,782.2 
Weetabix1,818.6 1,737.8 
Foodservice and Refrigerated Retail 4,924.5 4,921.6 
Corporate464.5 205.1 
Total assets$12,191.1 $11,646.7