TreeHouse(THS)

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What Lies Ahead for TreeHouse Foods' Stock After a Tough 2024?
ZACKS· 2024-12-23 19:06
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 ...
Why Is TreeHouse (THS) Up 7.3% Since Last Earnings Report?
ZACKS· 2024-12-12 17:36
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 ...
What Does the Harris Tea Acquisition Signal for THS' Future?
ZACKS· 2024-12-03 15:35
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 ...
TreeHouse Foods Slips 12% in 3 Months: What's Next for Investors?
ZACKS· 2024-11-27 13:01
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 Q3 Earnings Meet, View Cut on Weak Consumption Trends
ZACKS· 2024-11-13 19:00
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 ...
TreeHouse Foods Q3 Earnings: Too Messy, For Too Long
Seeking Alpha· 2024-11-13 17:24
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 ...
TreeHouse Foods, Inc. Renews Share Repurchase Authorization
Prnewswire· 2024-11-13 11:55
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 ...
TreeHouse Foods Crumbles Under Results, Listeria Concern
Seeking Alpha· 2024-11-13 00:13
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) Q3 Earnings Match Estimates
ZACKS· 2024-11-12 14:10
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 ...
TreeHouse Foods, Inc. Reports Third Quarter 2024 Results
Prnewswire· 2024-11-12 11:55
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 ...