Post Holdings, Inc. POST reported robust third-quarter fiscal 2022 results, wherein the top and the bottom line improved year over year and came ahead of the Zacks Consensus Estimate. Results reflect solid pricing actions across the business and the recovery of volume demand in the Foodservice segment, mitigated by raw material and freight inflation, and higher manufacturing expenses. Also, labor shortages and supply-chain hurdles caused manufacturing inefficiencies and capacity constraints in the third quarter of 2022. These limitations hurt sales, lowered throughput and increased per unit product costs.Shares of Post Holdings have rallied 6.5% in the past three months against the industry’s 5.2% dip.Quarter in DetailAdjusted earnings from continuing operations of 69 cents per share increased from 50 cents reported in the prior-year quarter. The bottom line also surpassed the Zacks Consensus Estimate of 58 cents. POST registered sales of $1,524.9 million, up 22.2% year over year, with all segments witnessing growth. Further, the figure exceeded the consensus mark of 1,364 million. The top line included $128.1 million of net sales from acquisitions. These acquisitions include the Lacka Foods Limited, Private label ready-to-eat (PL RTE) cereal business, the Egg Beaters liquid egg brand, the Almark Foods business and related assets and the Peter Pan nut butter brand.We note that on Mar 10, 2022, Post Holdings concluded the distribution of 80.1% of its interest in BellRing Brands, Inc. (BellRing) to its shareholders. The historical results of the BellRing business now form part of POST’s discontinued operations. Apart from this, POST divested the Willamette Egg Farms business on Dec 1, 2021.The gross profit amounted to $364.7 million, down 0.9% from $368.1 million reported in the year-ago quarter. The gross margin contracted from 29.5% to 23.9% in the quarter under review due to higher raw material, freight and manufacturing costs.Post Holdings’ SG&A expenses increased 18.9% year over year to $225 million. SG&A expenses as a percentage of sales came in at 14.8%, down 40 basis points from the year-ago quarter’s level.The operating profit of $105.5 million fell 31.9% year over year. Adjusted EBITDA rose 8.1% to $250.8 million.Segment DetailsPost Consumer Brands: Sales in the segment increased 22.6% year over year to $574.7 million in the quarter under review. Segment sales included $50.5 million generated from the buyout of PL RTE Cereal Business. Volumes rose 13.9%. Excluding gains from the buyout, volumes rose 7.4% on strength in Peter Pan nut butters, Malt-O-Meal bag cereal, Honey Bunches of Oats, Pebbles and private label cereal. The segment’s adjusted EBITDA dipped 1.3% to $118.1 million.Weetabix: Segment sales rose 1.2% year over year to $124.9 million, including the contribution of $6.2 million from the Lacka acquisition and currency headwinds of nearly 1,070 basis points. Volumes were reported to be flat. Excluding gains from the Lacka buyout, volumes dropped 6% as declines in branded products were somewhat offset by growth in private label products (buoyed by distribution gains). Segmental adjusted EBITDA of $37.2 million dipped 1.8% year over year.Foodservice: Sales increased 33.1% to $579 million in the quarter under review. Volumes rose 6.2% owing to the increased away-from-home egg and potato demand. Egg volumes rose 7.2% and potato volumes rallied 8.5%. Segmental adjusted EBITDA was $86.4 million, up 44.5% year over year.Refrigerated Retail: Sales in the segment were $246.4 million, up 11.6% from the year-ago quarter’s figure. Segment sales included $23.2 million generated from the Egg Beaters and the Almark acquisition. Net sales in the year-ago period included contributions from the divested Willamette business. Volumes slipped 3.1% year over year. Excluding any benefits from Egg Beaters, Almark and Willamette in all periods, volumes inched up 2.2% on a 10.4% rise in side dish volumes. Segmental adjusted EBITDA declined 11.4% year over year to $29.6 million.Financial DetailsAs of Jun 30, 2022, this currently Zacks Rank #3 (Hold) player’s cash and cash equivalents came in at $263.5 million, with long-term debt of $6,032.4 million and total shareholders’ equity of $3,406.7 million.Cash provided by operating activities was $219.7 million for the nine months ended Jun 30, 2022. During the fiscal third quarter, Post Holdings repurchased 1.9 million shares for $145.8 million. In the said period, POST bought back 3.8 million shares for $338.9 million, bringing the remaining share repurchase availability to $145.8 million as of Jun 30.GuidancePost Holdings anticipates fiscal 2022 adjusted EBITDA between $930 million and $945 million, up from $910-940 million projected earlier. POST anticipates capital expenditures in the range of $240-$275 million in fiscal 2022. This includes roughly $40 million for the purchase of land and construction of a facility to manufacture RTD shakes for BellRing.Looking for Consumer Staple Stocks? Check TheseSome better-ranked stocks are United Natural Foods UNFI, The Chef's Warehouse CHEF and General Mills GIS.United Natural Foods distributes natural, organic, specialty produce, and conventional grocery and non-food products. UNFI currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for UNFI’s current financial-year sales suggests 7.6% growth from the year-ago period’s reported figure. United Natural Foods has a trailing four-quarter earnings surprise of 29.9%, on average.Chef’s Warehouse, a distributor of specialty food products in the United States, currently flaunts a Zacks Rank of 1. CHEF has a trailing four-quarter earnings surprise of 355.9%, on average.The Zacks Consensus Estimate for Chef Warehouse’s current financial-year sales suggests growth of 40.7%from the year-ago reported number.General Mills, which manufactures and markets branded consumer foods worldwide, currently carries a Zacks Rank #2 (Buy). GIS has a trailing four-quarter earnings surprise of 6.5%, on average.The Zacks Consensus Estimate for General Mills’ current financial-year sales and earnings per share suggests growth of almost 2% and 1.5%, respectively, from the corresponding year-ago reported figures. Free: Top Stocks for the $30 Trillion Metaverse Boom The metaverse is a quantum leap for the internet as we currently know it - and it will make some investors rich. Just like the internet, the metaverse is expected to transform how we live, work and play. Zacks has put together a new special report to help readers like you target big profits. The Metaverse - What is it? And How to Profit with These 5 Pioneering Stocks reveals specific stocks set to skyrocket as this emerging technology develops and expands.Download Zacks’ Metaverse Report now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report General Mills, Inc. (GIS): Free Stock Analysis Report United Natural Foods, Inc. (UNFI): Free Stock Analysis Report The Chefs' Warehouse, Inc. (CHEF): Free Stock Analysis Report Post Holdings, Inc. (POST): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research