On December 1, 2025, the Company completed its previously announced sale of 8th Avenue’s pasta business (the “Pasta Business”) for a preliminary price of $375.0, subject to working capital adjustments, resulting in total proceeds at closing of $378.5. As part of the sale, the acquirer also assumed $78.2 of leaseback financial liabilities of the Pasta Business. At June 30, 2026, the Company had recorded an estimated working capital payable of $4.0, which was reported in “Other current liabilities” in the Condensed Consolidated Balance Sheets. Prior to the sale, the Pasta Business was reported in the Post Consumer Brands segment and the related assets and liabilities were classified as held for sale as of September 30, 2025. During the three and nine months ended June 30, 2026, the Company recorded a net loss (gain) of $4.9 and $(4.8), respectively, related to the sale of the Pasta Business, which were reported in “Other operating expense, net” in the Condensed Consolidated Statements of Operations.

In connection with the Pasta Business sale, the Company entered into a transition services agreement (the “TSA”) with the acquirer, pursuant to which the Company provides certain support services to the acquirer for a transition period following the close of the Pasta Business sale based on the terms set forth in the TSA. In accordance with the terms of the TSA, Post collects sales receivables from customers and remits payments to vendors for the Pasta Business, and the net cash received and paid by Post on behalf of the Pasta Business is settled between the Company and the acquirer on a monthly basis. As of June 30, 2026, the Company had recorded a net payable due to the acquirer of $4.9, which was recorded within “Accounts payable” on the Condensed Consolidated Balance Sheets.

The following table presents the major classes of assets and liabilities comprising “Current assets held for sale,” “Other assets held for sale,” “Current liabilities held for sale” and “Other liabilities held for sale” on the Condensed Consolidated Balance Sheets related to the Pasta Business.


	September 30, 2025


Receivables, net		$	54.6
Inventories		58.9
Prepaid expenses and other current assets		2.8
Current assets held for sale		$	116.3

Property, net		$	123.2
Goodwill		141.5
Other intangible assets, net		157.6
Other assets		2.5
Other assets held for sale		$	424.8

Accounts payable		$	34.4

Other current liabilities		21.1
Current liabilities held for sale		$	55.5

Long-term debt (a)		$	78.2
Deferred income taxes		39.8
Other liabilities		1.7
Other liabilities held for sale		$	119.7

(a)Long-term debt represents leaseback financial liabilities for certain pasta manufacturing facilities, which were assumed by the acquirer as part of the Pasta Business sale. See Note 4 for additional information regarding these leaseback financial liabilities.

On May 1, 2026, the Company completed the sale of substantially all of the assets of Crystal Farms Dairy Company (the “Crystal Farms Business”) for a preliminary price of $50.0, subject to working capital adjustments, resulting in total proceeds at closing of $45.7. Prior to the sale, the Crystal Farms Business was reported in the Refrigerated Retail segment and the related assets and liabilities were classified as held for sale as of March 31, 2026.

Prior to the sale, the Company concluded that the fair value, less costs to sell, of the Crystal Farms Business was less than its carrying value. As a result, the Company recorded a loss on amounts held for sale of $15.0 and $43.3 during the three and nine months ended June 30, 2026, respectively, which were reported in “Other operating expense, net” in the Condensed Consolidated Statements of Operations. In addition, the Company recorded a loss of $2.1 related to the sale of the Crystal Farms Business during the three and nine months ended June 30, 2026, which was reported in “Other operating expense, net” in the Condensed Consolidated Statements of Operations.

In the third quarter of fiscal 2026, the Company completed the sale of the Sparks Facility (see Note 5), which was previously classified as held for sale and reported in the Post Consumer Brands segment. During the three and nine months ended June 30, 2026, the Company recorded a gain of $21.6 related to the sale of the Sparks Facility, which was reported in “Other operating expense, net” in the Condensed Consolidated Statements of Operations.

At June 30, 2026, the Company’s Cobourg Facility (see Note 5), which is reported in the Post Consumer Brands segment, and the Company’s cereal manufacturing facility in Ashton-under-Lyne in the United Kingdom (the “U.K.,” and such facility, the “Ashton-under-Lyne Facility”), which is reported in the Weetabix segment, were classified as held for sale. There were no losses on amounts held for sale recognized related to these facilities as each respective facility’s fair value, less costs to sell, exceeded its carrying value as of June 30, 2026. The sales of the Cobourg Facility and Ashton-under-Lyne Facility are expected to be completed during the second half of calendar 2026.