date:May 14, 2014
ion in the first half, which compared with earnings of $4.3 million and $11.9 million, respectively, in the year ago periods.
Segment profit within the Post Foods unit, which includes Post branded cereals, totaled $41.7 million in the second quarter, down 8% from $45.3 million a year ago. Net sales also were lower, easing to $239.5 million from $245.4 million. Mr. Block, though, remained upbeat about the units performance.
The Post Foods business showed continued consumption progress in Q2, ou