n a July 15th release, Post Holdings announced the purchase of Egg Beaters™ from Conagra Brands. This Company purchased Egg Beaters™ from Nabisco in August 1998 and appears to be rationalizing their range of holdings.

Post Holdings has progressively extended investment in the egg industry through the previous purchases of Michael Foods (including Papetti)l in 2014, Willamette Farms in 2015, National Pasteurized Eggs in 2016, Hennigsen Foods in 2020 and Almark Foods in 2021. 

Industry observers estimate that sales of Egg Beaters™ products ranged from $65 to $70 million over the past twelve months with 5 to 7 percent growth, in part attributed to COVID-related home cooking.

For the most recent quarter ending March 31st 2021, Post Holdings recorded net earnings of $109.9 million (with non-recurring income of $186 million) on revenue of $1,483 million with an EPS of $1.69. POST has traded over the past 12 months from $81.33 to    $ 117.91 with a 50-day moving average of $11.38. On a trailing 12-month basis the company achieved returns on assets of 3.5 percent and 10.8 percent on equity respectively. Operating margin was 12.0 percent and profit margin 5.0 percent.