OAK BROOK, Ill., Aug. 1, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE: THS) today released its 2024 Environmental, Social & Governance Report, which captures progress made during 2023 toward the Company's 2030 Environmental Social & Governance ("ESG") Goals. As a leading private brands snacking and beverage manufacturer in North America, the Company understands the significant role it plays in thousands of supply chains. The Company's ESG work is integrated throughout its value chain, from supplier enga ...

TreeHouse Foods, Inc. (THS) is likely to register a top and bottom-line decline when it reports second-quarter 2024 earnings on Aug 5. The Zacks Consensus Estimate for revenues is pegged at $783.7 billion, which indicates a 7.1% decrease from the year-ago period. The consensus mark for earnings has remained unchanged in the past 30 days at 13 cents per share, which suggests a decline of 69.1% from the year-ago quarter's figure. THS has a trailing four-quarter negative earnings surprise of 4.5%, on average. ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Investors should also recognize that THS has a P/B ratio of 1.25. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry' ...

TreeHouse Foods, Inc. (THS) has demonstrated success, with its stock increasing by 6.7% over the past month. This surge stands out against the decline of 0.1% in the Zacks Food - Miscellaneous industry, and it also surpasses the broader Zacks Consumer Staple sector's marginal return of 1.1% and the S&P 500's return of 2%. This performance highlights TreeHouse Foods' strong position and resilience in the market. Closing at $38.18 as of Jul 16, TreeHouse Foods is trading above its 50-day moving average, indic ...

OAK BROOK, Ill., July 11, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE: THS) will report financial results for its second quarter ended June 30, 2024, before the market open on Monday, August 5, 2024. The Company will host an earnings call and webcast at 8:30 a.m. ET to discuss the results for the second quarter and its outlook for the balance of the year. To participate on the webcast, please register here: TreeHouse Foods Second Quarter 2024 Earnings Call. Additionally, ahead of the conference call an ...

These efforts seem relevant amid supply-chain concerns and inflated costs. While TreeHouse Foods' secondhalf 2024 results are expected to improve sequentially, management's view for the second quarter suggests a decline from the year-ago period. Let's delve deeper. TreeHouse Foods is focused on enhancing the supply chain and ensuring exceptional service delivery, ultimately driving organic growth and creating sustained value for all shareholders. Execution against its 2024 plans has been strong, with severa ...

It has been about a month since the last earnings report for TreeHouse Foods (THS) . Shares have added about 4.2% 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 drivers. TreeHouse Foods Q1 Loss Wider Than Expected, ...

Commission File Number: 001-32504 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, 2024. or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to TreeHouse Foods, Inc. (Exact name of the registrant as specified in its charter) Delaware 20-2311383 (State or other jur ...

Financial Data and Key Metrics Changes - The company reported net sales of $821 million for the first quarter, a decline of 3.9% year-over-year, but exceeding the top end of guidance of $810 million [18][21][24] - Adjusted EBITDA was $46 million, aligning with expected ranges [18][24] - The company anticipates net interest expense between $56 million to $62 million and capital expenditures of approximately $145 million for the year [25][31] Business Line Data and Key Metrics Changes - Volume and mix, including absorption, decreased by $35 million, primarily due to an unfavorable category mix and lower volume from the broth business [19][21] - The broth facility is expected to improve production in the coming months, contributing positively to the second half of the year [13][20] - The company has seen a 20% increase in its net sales pipeline, indicating strong potential for organic growth [4][8] Market Data and Key Metrics Changes - Private brand unit sales in measured retail channels were modestly positive compared to national brands, which continued to decline [11][10] - The price gaps between national brands and private brands remain elevated, supporting the growth of private brands [16][10] Company Strategy and Development Direction - The company is focused on capital deployment to drive market share leadership in consumer trending food and beverage categories [15][17] - Supply chain initiatives are being prioritized to enhance competitive positioning and strengthen customer partnerships [5][6] - The company aims to capture strong consumer trends in private brands and snacking, which are expected to drive growth [10][17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to deliver on its full-year guidance, citing strong new sales opportunities and cost-saving initiatives [3][34] - The company expects significant gross cost savings of approximately $50 million in the latter half of the year [14][34] - Management noted that the operating environment remains supportive of private brand growth despite short-term economic changes [10][17] Other Important Information - The company has executed a share repurchase program, repurchasing $44 million of company stock in the first quarter [30] - The company is maintaining its full-year net sales outlook of flat to 2% year-over-year growth, with expectations for organic volume and mix to be slightly positive [24][31] Q&A Session Summary Question: What is the expected impact of the broth facility restart on EBITDA? - The broth facility restart is expected to impact volume and mix, with a projected drag on EBITDA of about $20 million [63] Question: How does the company manage pricing in relation to commodity volatility? - The company uses short-term hedging tied to product delivery cycles and has taken pricing actions to address cocoa inflation [46][55] Question: What is the timing for new business wins to impact the P&L? - New distribution partnerships are expected to begin in the third quarter, contributing positively to the second half of the year [59][73] Question: How is the competitive bidding environment for private label volumes changing? - The competitive environment remains dynamic, with retailers increasingly investing in private label, which may enhance profitability [70][66] Question: What are the expectations for promotional activity in the second half of the year? - Increased promotional activity is anticipated in high seasonal categories, driven by improved supply chain confidence [78]

TreeHouse Foods, Inc. Reports First Quarter 2024 Results TreeHouse First Quarter Net Sales Exceed Guidance Range Reaf irms 2024 Annual Guidance Oak Brook, IL, May 6, 2024 — TreeHouse Foods, Inc. (NYSE: THS) today reported financial results for the first quarter of 2024. "We're encouraged by our solid start to fiscal 2024, delivering net sales results above our expectations. We are building momentum with our commercial pipeline, the largest in recent history, with good progress closing opportunities. I belie ...