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August 12, 2022
Jeff A. Zadoks
Chief Financial Officer
Post Holdings, Inc.
2503 S. Hanley Road
St. Louis, Missouri 63144
Re:Post Holdings, Inc.
Form 10-K for Fiscal Year Ended September 30, 2021
Response Dated July 15, 2022
File No. 001-35305
Dear Mr. Zadoks:
            We have reviewed your July 15, 2022 response to our comment letter and have the
following comments.  In some of our comments, we may ask you to provide us with information
so we may better understand your disclosure.
            Please respond to these comments within ten business days by providing the requested
information or advise us as soon as possible when you will respond.  If you do not believe our
comments apply to your facts and circumstances, please tell us why in your response.
            After reviewing your response to these comments, we may have additional
comments.  Unless we note otherwise, our references to prior comments are to comments in our
July 1, 2022 letter.
Response Dated July 15, 2022
Risk Factors, page 15
1.We note your response to prior comment 2 regarding the transition risks related to climate
change.  As it relates to market trends, you note disclosure that refers to environmental
concerns regarding packaging, but it is not clear how you considered providing disclosure
regarding the processes through which your products are manufactured.  Tell us how you
considered providing disclosure regarding this transition risk and its effects on your
business, financial condition, and results of operations.  In this regard, it appears that you
are implementing projects to improve efficiency, such as the projects in bran and rice
manufacturing that seek to increase production capacity without any increase in energy
usage, as discussed in your ESG Report.  Also, as your response appears to state that
climate change transition considerations are a source of technological risk, tell us how

 FirstName LastNameJeff A. Zadoks
 Comapany NamePost Holdings, Inc.
 August 12, 2022 Page 2
 FirstName LastName
Jeff A. Zadoks
Post Holdings, Inc.
August 12, 2022
Page 2
your disclosure addresses climate change in this context.
Management's Discussion and Analysis of Financial Condition and Results of Operations, page
39
2.Your response to 5 acknowledges the potential for costs to increase as you continue to
explore, identify, and implement alternative energy sources and cites disclosure in your
Form 10-K.  However, it does not appear that disclosure addresses the potential for your
input costs to increase from alternative energy sourcing.  Please clarify where this
disclosure is provided in your Form 10-K or revise to include language similar to that in
your response.
3.In response to prior comment 5, you refer to disclosure in your Form 10-K which states
that the "perception of a failure to act responsibly with respect to the environment can lead
to adverse publicity, which could damage our reputation."  However, it does not appear
that this disclosure adequately describes the consequences of this risk (i.e., the manner in
which your businesses could be adversely affected if you are unable to effectively address
increased concerns from stakeholders on climate change).  Please revise your disclosure to
provide this type of information.
            Please contact Patrick Fullem at (202) 551-8337 or Sergio Chinos at (202) 551-7844 with
any questions.
Sincerely,
Division of Corporation Finance
Office of Manufacturing