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 ...

TreeHouse Foods, Inc. (THS) has established a strong market position by capitalizing on two major long-term consumer trends, which include the increasing demand for private-label groceries in North America and the expanding popularity of snack products. With its diverse portfolio, THS is well-positioned to capture a growing share in this evolving market. As private brands have steadily gained market share over the past 20 years, TreeHouse Foods has demonstrated its capacity to address consumer needs while m ...

TreeHouse Foods, Inc. (THS) has recently provided investors with solid gains, appreciating 13.4% over the past three months. This performance outpaces both the industry's 5.4% return and the S&P 500's 2.7% return. The upswing was driven by two robust, long-term consumer trends, which include the growth of private-label groceries in North America and the ongoing shift in consumer preferences toward snacking. TreeHouse Foods' focus on these segments is part of its broader transformation strategy aimed at soli ...

A month has gone by since the last earnings report for TreeHouse Foods (THS) . Shares have added about 11.9% 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 Q2 Earnings Beat Estimates, Sale ...

OAK BROOK, Ill., Aug. 20, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE: THS) announced today participation in the following investor conferences in September: September 3-5, 2024: Barclays 17th Annual Global Consumer Staples Conference in Boston, MA. TreeHouse Foods will be participating in investor meetings and a fireside chat beginning at 12:30 p.m. CT on Thursday, September 5, 2024. A live audio webcast will be available on the Company's website: Barclays Global Consumer Staples Conference. A replay ...

TreeHouse Foods, Inc. (THS) posted mixed second-quarter 2024 results, with the top and the bottom line declining year over year. Quarterly earnings and sales beat their respective Zacks Consensus Estimates. Management reaffirmed its 2024 net sales outlook while lowering the upper end of its adjusted EBITDA guidance. TreeHouse Foods is committed to converting sales opportunities, executing supply chain initiatives and restoring a broth facility. THS is actively transforming its business to emphasize private ...

1 Q2 2024 Results and Outlook August 5, 2024 © 2024 TreeHouse Foods, Inc. | --- | --- | --- | --- | --- | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Core Viewpoint - TreeHouse Foods, Inc. reported a net sales of $788.5 million for Q2 2024, exceeding the guidance range, while reaffirming its 2024 net sales outlook and narrowing its adjusted EBITDA range [2][4]. Financial Performance - Net sales decreased by 1.9% compared to the same period last year, primarily due to commodity-driven pricing adjustments and unfavorable volume/mix related to planned distribution exits [3]. - Adjusted EBITDA for Q2 2024 was $70.6 million, exceeding the guidance range of $55 to $65 million, although it decreased from $76.3 million in Q2 2023 [2][3][21]. - The net loss from continuing operations was $(16.7) million, compared to a net income of $22.4 million in the same quarter last year [3][21]. Operational Highlights - The company repurchased approximately $45 million of its shares during the quarter, indicating a commitment to returning value to shareholders [2]. - The gross profit margin was 16.3% in Q2 2024, slightly down from 16.6% in Q2 2023, while adjusted gross profit margin increased to 17.2% [3][21]. - Total operating expenses rose to $132.3 million, up from $102.9 million in the previous year, largely due to a non-cash impairment charge of $19.3 million [3][21]. Outlook - TreeHouse expects 2024 net sales in the range of $3.43 to $3.50 billion, reflecting approximately 0% to 2% year-over-year growth [4]. - The adjusted EBITDA outlook has been narrowed to a range of $360 to $380 million, with expectations for sequential improvement in the second half of the year [5]. - For Q3 2024, net sales are anticipated to be between $865 to $895 million, representing flat to 4% growth year-over-year [5].

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. ...