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 ...

TreeHouse Foods (THS) came out with quarterly earnings of $0.74 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.57 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this food maker would post earnings of $0.13 per share when it actually produced earnings of $0.29, delivering a surprise of 123.08%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.TreeHouse, which belongs to ...

Achieves Expected Supply Chain SavingsUpdates 2024 Outlook Net sales were $839.1 million. Excluding the voluntary griddle product recall, adjusted net sales were $854.4 million. Net loss from continuing operations was $(3.4) million. Adjusted EBITDA1 of $102.5 million was within the Company's guidance range of $98 to $108 million. Updated 2024 outlook now calls for adjusted net sales of $3.37 to $3.40 billion, adjusted EBITDA of $335 to $345 million, and free cash flow2 of at least $120 million.OAK BROOK, I ...

TreeHouse Foods, Inc. (THS) is likely to register top and bottom-line growth when it reports third-quarter 2024 earnings on Nov. 12. The Zacks Consensus Estimate for revenues is pegged at $879.9 million, implying a 1.9% increase from the prior-year quarter’s reported figure. The consensus mark for earnings has remained unchanged in the past 30 days at 74 cents per share, indicating an increase of 29.8% from the figure reported in the year-ago quarter. THS has a trailing four-quarter earnings surprise of 25. ...

OAK BROOK, Ill., Oct. 22, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE: THS) is expanding its voluntary recall to include all products manufactured at one facility and still within their shelf-life. The recall is expanded to include frozen toaster waffle, Belgian waffle and pancake products, due to the potential to be contaminated with Listeria monocytogenes. Listeria monocytogenes is an organism that can cause serious and sometimes fatal infections in young children, frail or elderly people, and others ...

OAK BROOK, Ill., Oct. 18, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE: THS) is voluntarily recalling certain frozen waffle products listed below due to the potential to be contaminated with Listeria monocytogenes. Listeria monocytogenes is an organism that can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems. Healthy individuals may suffer only short-term symptoms such as high fever, severe headache, stiffness, nausea, abdo ...

TreeHouse Foods, Inc. (THS) is trading at an attractive valuation, considering its price-to-earnings (P/E) multiple, which is lower than both the Zacks Food – Miscellaneous industry and the broader Zacks Consumer Staples sector. THS' forward 12-month P/E ratio is 14.28, lower than the industry average of 16.41 and the sector average of 18.12. This discrepancy in valuation suggests that the stock may be undervalued relative to its peers, presenting a compelling opportunity for investors seeking value in the ...