date:May 14, 2014
inherently fixable and are being fixed.
The acquisitions are a major reason why net sales at Post Holdings increased sharply in the second quarter and first half. In the second quarter ended March 31, net sales were $438 million, up 76% from $248.2 million in the same period a year ago, while sales for the first half of fiscal 2014 increased 52% to $735 million from $485.1 million.
Despite the stronger sales, Post sustained a loss of $22.6 million in the second quarter and a loss of $27.6 mill