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DJ Post Estimates $9.8M in Lost Revenue Due to Pandemic at Michigan Plant -- Market Talk

· 02/04/2021 17:39

17:39 ET - Post Holdings says pandemic-related production shutdowns and employee leaves at the Battle Creek, Mich., ready-to-eat cereal facility lowered 1Q profit by about $5.6M and revenue by $9.8M. Overall, Post consumer brands' sales rose by $3.8M in the quarter to $445M while segment profit fell $10.1M to $70.5M and included a $15M legal-settlement provision, the company says. (maria.armental@wsj.com; @mjarmental)

(END) Dow Jones Newswires

February 04, 2021 17:39 ET (22:39 GMT)

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