Restructuring (Notes)

9 Months Ended

Jun. 30, 2024

RESTRUCTURING

In November 2023, the Company finalized its plan to close its Post Consumer Brands cereal manufacturing facility in Lancaster, Ohio (the “Lancaster Facility”). The transfer of production capabilities to other Company locations and closure of the Lancaster Facility are expected to be completed in the first quarter of fiscal 2025.

Restructuring charges and the associated liabilities for employee-related expenses related to the closure of the Lancaster Facility are shown in the following table.









Balance, September 30, 2023	$	—
Charge to expense	6.6
Cash payments	(0.2)
Non-cash charges	—
Balance, June 30, 2024	$	6.4

Total expected restructuring charges	$	6.7
Cumulative restructuring charges incurred to date	6.6
Remaining expected restructuring charges	$	0.1

Restructuring (adjustments) charges of $(1.1) and $6.6 were included in “Selling, general and administrative expenses” in the Condensed Consolidated Statements of Operations during the three and nine months ended June 30, 2024, respectively.