Post Holdings
32 named things its latest annual report says its results depend on, each in the company's own words. 19 of them are also named by other companies we've read.
Customers
Walmart
earns from · 17.4% of our consolidated net salesnamed as a riskOur largest customer, Walmart, accounted for 17.4% of our consolidated net sales in fiscal 2025.Business (Item 1)
Also named by AIOT, BRK/B, CART, COST, DG, DGX, EEFT, FDX and 6 more
Kroger
earns from · 34.9% of the segment’s net salesnamed as a riskAdditionally, the largest customers of our Refrigerated Retail segment, Walmart and Kroger, accounted for 34.9% of the segment’s net sales in fiscal 2025.Business (Item 1)
Tesco
earns from · 33.0% of Weetabix’s net salesnamed as a riskThe largest customers of our Weetabix segment, Tesco and Asda, accounted for 33.0% of Weetabix’s net sales in fiscal 2025.Business (Item 1)
Also named by O
Asda
earns from · 33.0% of Weetabix’s net salesnamed as a riskThe largest customers of our Weetabix segment, Tesco and Asda, accounted for 33.0% of Weetabix’s net sales in fiscal 2025.Business (Item 1)
Also named by O
Sysco
earns from · 42.0% of the segment’s net salesnamed as a riskThe largest customers of our Foodservice segment, Sysco and US Foods, accounted for 42.0% of the segment’s net sales in fiscal 2025.Business (Item 1)
US Foods
earns from · 42.0% of the segment’s net salesnamed as a riskThe largest customers of our Foodservice segment, Sysco and US Foods, accounted for 42.0% of the segment’s net sales in fiscal 2025.Business (Item 1)
Partners and platforms
Alpen Food Company South Africa (Pty) Limited
named as a riskIn addition, our equity investments, such as our investments in Alpen Food Company South Africa (Pty) Limited and Weetabix East Africa Limited, involve, or may in the future involve, shared ownership and, in some cases, management responsibilities with one or more other third parties who may not have the same objectives for the investment as us, who may not have the same priorities, strategies or resources as us or whose interpretation of applicable policies or laws may differ from ours, any of which could result in these investments not resulting in anticipated benefits or not meeting our compliance expectations.Risk factors (Item 1A)
Pebbles trademark license
depends onnamed as a riskIf the licensor were to terminate our rights to use the names, characters and logos for this reason or any other reason, or if a licensor decided not to renew a license agreement upon the expiration of the license term, the loss of such rights could have material adverse impacts on our businesses, financial condition, results of operations and cash flows.Risk factors (Item 1A)
Other companies
Revolving Credit Facility
$440.0 millionnamed as a riskThe $440.0 million outstanding borrowings under the Revolving Credit Facility bore interest at a weighted-average variable rate of 5.8% and the Revolving Credit Facility had available borrowing capacity of $537.7 million.Market risk (Item 7A)
Also named by AAON, BRO, BX, CG, CRGY, FIVE, FIX, HEI and 22 more
Ready-to-eat cereal
earns from · 32.4% of our consolidated net salesnamed as a riskCereal and granola sold by our Post Consumer Brands and Weetabix segments together accounted for 32.4% of our consolidated net sales for fiscal 2025.Business (Item 1)
BellRing Brands, Inc.
85% of the tax savingsnamed as a riskBellRing’s indemnification obligations to us are not limited by any maximum amount and such amounts could be substantial.Risk factors (Item 1A)
Bob Evans Restaurants, LLC
129 propertiesnamed as a riskThe Guarantees have subsequently been adjusted to 129 properties.Risk factors (Item 1A)
Pet food
earns from · 19.2% of our consolidated net salesPet food sold by our Post Consumer Brands segment accounted for 19.2% of our consolidated net sales for fiscal 2025.Business (Item 1)
Places
Hazards
Highly pathogenic avian influenza (HPAI)
named as a riskIn fiscal 2015, an HPAI outbreak occurred in the Midwest of the U.S., affecting a substantial portion of our owned and third-party contracted flocks and materially impacting our financial results.Risk factors (Item 1A)
Salmonella
named as a riskAdditionally, many of the ingredients used to make certain of our products are vulnerable to contamination by naturally occurring microbes and by pathogens, such as salmonella.Risk factors (Item 1A)
Commodities and inputs
Eggs
earns from · 29.6% of our consolidated net salesEggs and egg products sold by our Foodservice and Refrigerated Retail segments together accounted for 29.6% of our consolidated net sales for fiscal 2025.Business (Item 1)
Also named by FLO
Natural gas
exposed to its pricenamed as a riskCereal processing ovens, pet food manufacturing processes and most of our Foodservice and Refrigerated Retail production facilities generally are fueled by natural gas, which is obtained from local utilities or other local suppliers.Business (Item 1)
Also named by AA, ADM, AEE, AEP, AES, AESI, AGX, ALB and 132 more
Diesel fuel
exposed to its pricenamed as a riskIn addition, diesel fuel is used in connection with the distribution of our products, including in our internal fleets.Business (Item 1)
Also named by ADM, BLDR, BTU, CAH, CHD, CHRW, COST, CP and 43 more
British Pound Sterling
exposed to its pricenamed as a riskOur primary currency exposures are to the British Pound Sterling, the Euro and the Canadian Dollar.Risk factors (Item 1A)
Also named by AMG, BGC, BKNG, CBRE, CTRE, FCFS, FDS, FIS and 31 more
Wheat
exposed to its pricenamed as a riskA hypothetical 10% change in the market price of the Company’s principal hedged commodities, including natural gas, heating oil, soybean oil, corn, wheat and dairy, would have changed the fair value of the Company’s commodity-related derivatives portfolio by approximately $1 million as of both September 30, 2025 and 2024, respectively.Market risk (Item 7A)
Also named by CAG, CPB, FLO, FPI, GIS, HSY, KHC, MDLZ and 1 more
Grain (layer hen feed)
depends onnamed as a riskWe also buy significant amounts of grain to feed layer hens.Business (Item 1)
Live sows
exposed to its pricenamed as a riskIn addition, we procure live sows at prevailing market prices, and under fixed price contracts, from terminals, local auctions, country markets and corporate and family farms in various U.S. locations.Business (Item 1)
Regulators
Food and Drug Administration (FDA)
subject tonamed as a riskIn the U.S., we are regulated by, and our activities are affected by, among other federal, state and local authorities and regulations, the FDA, the USDA, the Federal Trade Commission, the Occupational Safety and Health Administration, the Department of Labor and California’s Safe Drinking Water and Toxic Enforcement Act of 1986 (Proposition 65).Risk factors (Item 1A)
Also named by A, ABBV, ABT, AMGN, ARE, ARWR, ATR, AXGN and 112 more
Laws and programs
U.S. tariffs (2025)
subject tonamed as a riskWe anticipate that announced tariffs, and any potential future modifications or incremental tariffs, could increase supply chain challenges, commodity cost volatility and consumer and economic uncertainty due to rapid changes in global trade policies.Risk factors (Item 1A)
Also named by A, AAPL, ACHR, ADI, AEHR, AEP, AIOT, AKAM and 170 more
Supplemental Nutrition Assistance Program (SNAP)
subject tonamed as a riskGovernmental regulations and administrative policies also affect or regulate taxes and levies, tariffs, trade policies and agreements, import and export restrictions, healthcare costs, competition, data privacy and security and related disclosures, usage of AI, immigration and labor issues, including worker documentation and human rights, governmental assistance programs and incentives (such as the Supplemental Nutrition Assistance Program and the Women, Infants and Children Program) and other regulatory matters, any or all of which impact our businesses or the businesses of our customers, third-party suppliers or manufacturers or others in our supply chain.Risk factors (Item 1A)
Also named by BJ, CPB, DG, DLTR, KHC, MDLZ, MNST, MUSA and 1 more
Brexit
subject tonamed as a risk•increased exposure to general market and economic conditions, political and economic uncertainty and volatility and other events, including inflation, the ongoing longer-term impact of changes in international trade policies (including as a result of the exit of the U.K. from the E.U. (Brexit)), volatility in the prices and availability of raw materials, labor and freight, shipping disruptions, foreign currency exchange rate volatility, public health crises, social unrest, government shutdowns, terrorist activity and other acts of violence, acts of war and other armed hostilities (such as the ongoing conflicts in Ukraine and the Middle East) and acute or chronic weather events, outside of the U.S.;Risk factors (Item 1A)
U.S. Internal Revenue Code Section 355
subject tonamed as a riskIf the BellRing Distribution, the Debt-for-Debt Exchange or either of the Debt-for-Equity Exchanges do not qualify as tax-free transactions for any reason, we may recognize a substantial gain for U.S. federal income tax purposes, which could materially adversely affect our businesses, financial condition, results of operations and cash flows.Risk factors (Item 1A)
USDA milk price supports
exposed to its pricenamed as a riskFrom time to time, higher prices for natural gas, electricity and fuel also increase our delivery costs.Business (Item 1)
State cage-free layer hen housing laws
subject tonamed as a riskMeeting anticipated customer demand has resulted, and will continue to result, in additional operating and capital costs to procure cage-free eggs, modify existing layer hen facilities and construct new cage-free layer hen housing and comply with other farm animal initiatives.Risk factors (Item 1A)
H.R.1 Tax Act
subject tonamed as a riskWhile we anticipate certain cash tax reductions in future years as a result of the H.R.1 Tax Act, such benefits may not be realized to the extent we anticipate or at all, or the H.R.1 Tax Act may have unanticipated adverse impacts on us.Risk factors (Item 1A)