TreeHouse Foods, Inc. (THS) has concluded the previously announced (on Dec. 2, 2024) acquisition of Harris Tea for nearly $205 million, marking a strategic move to enhance its position in the private-label tea market. The acquisition was funded with cash on hand and is expected to be accretive to revenues and profitability beginning in 2025.Strategic Benefits of THS’ Latest AcquisitionThe acquisition of Harris Tea strategically leverages TreeHouse Foods' balance sheet strength, adding a fast-growing, high-m ...

TreeHouse Foods, Inc. (THS) is facing significant challenges as weak consumer demand and operational disruptions continue to hinder its growth. Over the past three months, the company’s stock has dropped 18.5%, underperforming the industry’s decline of 10.2%. In addition, it has lagged behind the Zacks Consumer Staples sector, which fell 7.8%, and the S&P 500, which posted 3.9% growth during the same period. This decline highlights the difficulties the company is grappling with in the current market environ ...

It has been about a month since the last earnings report for TreeHouse Foods (THS) . Shares have added about 7.3% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is TreeHouse due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. TreeHouse Foods Q3 Earnings Meet, View Cut o ...

TreeHouse Foods, Inc. (THS) has entered into a definitive agreement to acquire select subsidiaries of Harris Freeman & Co., Inc. ("Harris Tea"), a top private brand tea manufacturer in the United States. Valued at approximately $205 million, the acquisition is expected to conclude in the first quarter of 2025.The envisioned buyout aims to solidify TreeHouse Foods’ position in the growing tea category while adding unique sourcing and blending capabilities. The move aligns with the company's strategic focus o ...

Reiterates 2024 GuidanceOAK BROOK, Ill., Dec. 2, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE: THS) ("the Company") today announced that it has signed a definitive agreement to acquire certain subsidiaries that operate the private brand tea business of Harris Freeman & Co, Inc. ("Harris Tea"), a leading private brand tea manufacturer in the U.S., for approximately $205 million, subject to customary purchase price adjustments."The acquisition of Harris Tea strengthens our competitive positioning in the f ...

TreeHouse Foods, Inc.'s (THS) stock has tumbled 12.3% over the past three months as it navigates a challenging environment marked by weaker consumer trends, slower category growth and operational disruptions.During this period, THS' stock has underperformed the broader industry, which saw a 3.8% decrease, as well as the Zacks Consumer Staples sector, which fell 2.7%. In contrast, the S&P 500 saw a 7.2% increase over the same timeframe.Let's take a closer look at the key factors negatively impacting TreeHous ...

TreeHouse Foods, Inc. (THS) reported mixed third-quarter fiscal 2024 results. The bottom line improved year over year and matched the Zacks Consensus Estimate, while the top line declined and missed the same. Management lowered its 2024 adjusted net sales and adjusted EBITDA guidance, indicating softer consumer demand and a voluntary recall of frozen griddle products.TreeHouse Foods identified potential contamination during routine product testing and initiated a voluntary recall of the frozen griddle produ ...

If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. In this service we cover major earnings events, M&A, IPOs and other significant corporate events with actionable ideas. Furthermore, we provide coverage of situations and names on request!In the fall of last year, I concluded that shares of TreeHouse Foods, Inc. ( NYSE: THS ) were muddling along. The company announced the sale of a majority stake in the meal preparation business to ...

OAK BROOK, Ill., Nov. 13, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE: THS) announced today that its Board of Directors has approved a $400 million share repurchase authorization. This renewal maintains the existing annual cap of $150 million. The Company will repurchase shares opportunistically and the authorization is open ended. The Company can begin repurchasing shares immediately."Today's announcement is a reflection of continued execution of our capital allocation strategy and indicates our Board ...

November 12th was a bad day for shareholders of TreeHouse Foods, Inc. (NYSE: THS ). As I type this while trading for the day is still going on, shares of the company areCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live chat discussion of the sect ...