Post Holdings’ foodservice sales continue to struggle
Michael Foods parent company sees foodservice segment’s sales drop while its refrigerated foods segment’s sales increase
Post Holdings, the parent company of egg products company Michael Foods, reported a decline in foodservice sales during the first quarter of fiscal year 2021. The quarter ended on December 31.
The company as a whole saw its net sales increase on a year-over-year basis by 0.1% to $1.458…