Ralcorp Holdings, Inc. (NYSE: RAH) today announced net sales for the three months ended December 31, 2000 were $277.3 million compared to $204.9 million for the three months ended December 31, 1999. Net earnings for the first quarter were $8.7 million compared to $7.6 million for the same quarter last year. Diluted earnings per share were $.29 compared to $.24 for last year's first quarter.