Financial Data and Key Metrics Changes - In Q3 2022, TreeHouse Foods reported a revenue growth of 16.4% to $875 million, with pricing rising by 20.7% due to inflation recovery efforts, while volume declined by 4.2% due to supply chain disruptions and intentional exits from low-margin businesses [21][22] - Adjusted EBITDA for the quarter totaled $77 million, representing an 8.8% margin, with a sequential improvement of 220 basis points [23] - The company ended Q3 with approximately $1.9 billion in total debt, which was reduced to about $1.4 billion after using $500 million from the divestiture proceeds to pay down term loans [30][31] Business Line Data and Key Metrics Changes - The divestiture of the Meal Preparation business allowed the company to focus on snacking and beverages, resulting in a simpler business model with improved margins [10][11] - Private label products outperformed national brands, with sales and volume growth for total edibles showing private brands outpacing national brands by 400 basis points [18] Market Data and Key Metrics Changes - 65% of consumers expressed high concern about the economy, with inflation exceeding 8%, leading to a shift in shopper behavior towards private label products [14][15] - The price gap between private label and national brands remained wide at 27%, indicating significant savings for consumers opting for private label goods [16][17] Company Strategy and Development Direction - The company aims to drive growth through a focused portfolio in snacking and beverages, with plans for an Investor Day in 2023 to outline future strategies [12] - The new corporate purpose emphasizes engaging and delighting all stakeholders, including retailers, consumers, and employees, to drive long-term sustainable growth [44][47] Management's Comments on Operating Environment and Future Outlook - Management acknowledged ongoing challenges in the labor market and supply chain, but expressed optimism about improvements in service levels and operational efficiency [19][51] - The company expects strong private label demand to continue in 2023, driven by economic conditions that encourage consumers to seek value [49] Other Important Information - The company anticipates Q4 revenue growth of 22% to 24%, primarily driven by pricing, with expectations for flat volume due to ongoing production constraints [34] - The interest income from the notes receivable from the divestiture is expected to total approximately $40 million in 2023, contributing to a more efficient capital structure [52] Q&A Session Summary Question: What is the expected impact of the $80 million peanut lag on 2023? - Management indicated that the lag should diminish as pricing has caught up to costs, and they expect a significant portion of the lag not to be a factor in 2023 [57][58] Question: How is the company addressing labor and supply chain challenges? - Management noted that labor conditions are slowly improving, and they are actively working to enhance scheduling and engagement to make TreeHouse an employer of choice [71][72] Question: What is the outlook for volume performance in 2023? - Management expects volume to improve in the first two quarters of 2023 due to better service levels and increased demand driven by economic conditions [85] Question: How does the seller's note affect leverage calculations? - The seller's note generates significant interest income but does not offset debt in leverage calculations, impacting cash flow positively [87][88]

Q3 2022 Results and Outlook Steve Oakland, CEO and President Patrick O'Donnell, Interim CFO and Chief Accounting Officer November 7, 2022 Forward looking statements From time to time, we and our representatives may provide information, whether orally or in writing, which are deemed to be "forward-looking" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Litigation Reform Act"). These forward-looking statements and other information are based on our beliefs as well as assumpti ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended June 30, 2022. or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 001-32504 TreeHouse Foods, Inc. (Exact name of the registrant as specified in its charter) Delaware 20-2311383 (State or other juri ...

TreeHouse Foods Inc. (NYSE:THS) Q2 2022 Earnings Conference Call August 8, 2022 8:30 AM ET Company Participants P.I. Aquino - VP of IR Steve Oakland - President, CEO and Director Pat O’Donnell - CAO Conference Call Participants Andrew Lazar - Barclays Bill Chappell - Truist Securities Chris Growe - Stifel Robert Moskow - Credit Suisse Jon Andersen - William Blair Michael Coppola - JPMorgan Operator Welcome To the TreeHouse Foods' Second Quarter Conference Call. All participants will be in listen-only mode. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended March 31, 2022. or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 001-32504 TreeHouse Foods, Inc. (Exact name of the registrant as specified in its charter) Delaware 20-2311383 (State or other jur ...

TreeHouse Foods, Inc. (NYSE:THS) Q1 2022 Earnings Conference Call May 9, 2022 8:30 AM ET Company Participants P.I. Aquino - VP, IR Steven Oakland - President and CEO William J. Kelley, Jr. - EVP and CFO Conference Call Participants Christopher Growe - Stifel, Nicolaus & Company Jon Andersen - William Blair Robert Moskow - Crédit Suisse William Chappell - Truist Securities Oliver Brotman - J.P. Morgan Operator Welcome to the TreeHouse Foods' First Quarter 2022 Conference Call. All participants will be in a l ...

Q1 2022 RESULTS AND OUTLOOK S t e v e O a k l a n d , C E O a n d P r e s i d e n t B i l l K e l l e y , E V P a n d C F O M a y 9 , 2 0 2 2 FORWARD LOOKING STATEMENTS 2 From time to time, we and our representatives may provide information, whether orally or in writing, which are deemed to be "forward-looking" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Litigation Reform Act"). These forward-looking statements and other information are based on our beliefs as well as as ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2021 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission file number 001-32504 TreeHouse Foods, Inc. (Exact name of the registrant as specified in its charter) (State or other jurisdiction of incorporation ...

TreeHouse Foods, Inc. (NYSE:THS) Q4 2021 Earnings Conference Call February 14, 2022 8:30 AM ET Company Participants P.I. Aquino - Vice President, Investor Relations Steven Oakland - President and Chief Executive Officer William J. Kelley, Jr. - Executive Vice President and Chief Financial Officer Conference Call Participants Christopher Growe - Stifel Nicolaus Andrew Lazar - Barclays Capital Stephen Lang - Truist Securities Carla Casella - JPMorgan Robert Moskow - Credit Suisse Operator Welcome to the TreeH ...

| --- | --- | --- | |-------|-------------------------------------------------------------------------------------------------------------------------------|-------| | | | | | | | | | | S t e v e O a k l a n d , C E O a n d P r e s i d e n t B i l l K e l l e y , E V P a n d C F O F e b r u a r y 1 4 , 2 0 2 2 | | FORWARD LOOKING STATEMENTS From time to time, we and our representatives may provide information, whether orally or in writing, which are deemed to be "forwardlooking" within the meaning of the Pr ...