environment, for full we a delivered for expectations, thank continue expectations in Thank line with joining we a you and the and us. largely year. all our you, quarter challenging Despite Jennifer, maintain to
degree and remains outlook. and high, as all face upside the to know, However, both you variables of risk to our lend uncertainty we
While remains our BellRing, unchanged. presented with basis on a be consolidated outlook largely outlook respective continues to
post I later With than our expect have initiate the updates. guidance which call, have to completed. RemainCo time will some by We the earnings no separation execution, separation next been respect we
been cleared we've move with the transaction. First, by to SEC forward the
transaction by Second, the of the March. we expect to complete end
the that be to be Third, amount Post we cash to approximately $XXX will million. of distributed expect stockholders, including BellRing
pro than want I across each a results, will of XX Finally, require X them required shares to involved. and transaction business to respect everyone considerable thank distribute to rata we BellRing of near-term continues With rather both had overarching organizations, for effort million shares. approximately themes. exchange segment Post any This and
cost inflation ahead pricing ran actions. First, of
have We segment, in inflation our taken offset all the effective varying but to dates. pricing needed with
by run labor each in Second, transportation ahead unmet Cereal, for to of in may we nearly I of products branded point shortages have value in resulting particular, and/or shortages our is from In demand levels had consumption seen U.S. inhibiting market and inflection resulting unshipped show our customer XX%. production the to share pre-COVID continues orders. shy segment in quarter, growth. X%, continues related Last mentioned strong just an and trade. Pebbles
is holding. that And so far,
ahead pass-through a quarter prices of to weak refers this to quarter. in dilutive value profit segment This margin category costs value it prices Foodservice was impacted the had expected, pricing. performed sequentially is reset. it's Post, but improved A one throughout as as as non-pass-through meaning shift the Our by segment the most to profit-accretive. automatically dramatically running
quarter. third guests but QX million taken foodservice. $XXX the into with nearly includes in majority in pricing the beginning persist labor have Moreover, pricing in annualized We occurring
plant no worse several However, and improved. was
We in XXXX. continue pre-pandemic to of recovery profit improvement sequential towards levels expect to
are soft quarter, from month quickly the softness limited and the we be experiencing Omicron this X. as the some that great or we bounce demand variant second expect Retail we COVID resulting received, volumes this back During made strides now to quarter. to variant. understand a Refrigerator Nevertheless,
come a BellRing all Suffice favorably. On mix much to constrained capacity. our balance, Our I'm continues in staffing we're first the it allocation is businesses levels to its current pacing quite I below key as the capacity our progress. the but face call navigated U.S. say great continues and balls Weetabix we with they and we solid year controllables, remaining are that pricing utilization. about we nimble greater effectively. say market. by we We way. would are are potential, remain to how improved, good insufficient in a saw curve and shortly. category, are performed rock products to pleased to managing but remain so the have feel on the far will well performer, factors present adapt quarter the U.K. The Most results be enough our
which capital ahead pricing. Jeff buyer seen plan will to costs the our performing details. the terms we has of of continue of provide shares, with REIT is and to In allocation, be accelerate active exception of M&A an Almark,
to as expectations. action exactly in line the pricing our with return case expect volumes underwriting to We are
small continue the both large We across acquisition explore and actively opportunities to business.
will I believe that our undertake We to some an execution value comments opportunities challenging not about find acquisition to there close efforts. outlook. year, we our are in with jeopardizes our complements want but a that
in recovery We foodservice expect stemming from expected half with acceleration second and chain execution, We the Foodservice at significant then expect in price to supply realization, improvements see considerable volume expansion. results capacity BellRing. QX similar sequential decline and aggregate BellRing improvement in
guidance will call. later plan, call for turn will the May business, for I that, As our I over assuming time stand-alone and to mentioned, you the spin morning proceeds continued remaining your support. the to With no this provide than Thank separate your we Jeff.
