Core Insights - TreeHouse Foods, Inc. (THS) is expected to report revenue of $879.9 million for Q3 2024, reflecting a 1.9% increase year-over-year, with earnings per share estimated at 74 cents, indicating a 29.8% growth from the previous year [1] Group 1: Company Performance - THS has consistently gained market share in private label products, benefiting from grocery retailers' investments in private brands, which supports growth in the private label sector [3] - The company has successfully executed strategies in categories such as cookies, refrigerated dough, pretzels, and pickles, which are expected to drive volumes and profits in the upcoming quarter [4] - Recent acquisitions in the coffee and pretzel sectors are anticipated to contribute positively to volume growth [4] Group 2: Challenges and Initiatives - THS has faced supply chain challenges, with a $3 million headwind in Q2 2024 due to increased labor costs and restoration effects from a broth facility [5] - High operating expenses and rising input costs, particularly for cocoa, are ongoing concerns for the company [5] - The implementation of the TreeHouse Management Operating System and other supply chain initiatives aims to enhance execution and margin performance, with expected gross cost savings of nearly $50 million in the latter half of the year [6] Group 3: Earnings Outlook - The current model does not predict an earnings beat for THS, as it holds a Zacks Rank of 3 (Hold) and an Earnings ESP of 0.00% [7]

Core Point - TreeHouse Foods, Inc. is expanding its voluntary recall to include all products manufactured at one facility due to potential contamination with Listeria monocytogenes [1][2]. Product Recall Details - The recall includes frozen toaster waffles, Belgian waffles, and pancake products that are still within their shelf-life [1]. - Affected products were distributed throughout all states and provinces in the United States and Canada [1]. - Consumers can identify recalled products by checking the UPC on the back of the carton, along with the Lot Code and Best By Date, which range from 12 to 18 months depending on the product [1]. Specific Products Involved - The recall includes various products under different brand names, such as: - 365 Everyday Organic Waffles (multiple varieties) [3] - Always Save Buttermilk Pancakes and Waffles [3] - Best Choice Waffles (multiple varieties) [3] - Bettergoods Protein Waffles [3] - Breakfast Best Waffles and Pancakes [3] - Brookshire's Buttermilk Pancakes [3] - Central Market Gluten Free Waffles [3] - Clover Valley Waffles [3] - Culinary Tours Belgian Waffles [3] - Food Lion Waffles (multiple varieties) [3] - Full Circle Waffles [3] - Good & Gather Waffles [5] - Private Selection Belgian Waffles [6] - Trader Joe's Waffles [6] - Wegmans Organic Waffles [6] Health Risks - Listeria monocytogenes can cause serious infections, particularly in vulnerable populations such as young children, the elderly, and those with weakened immune systems [1].

Core Point - TreeHouse Foods, Inc. is voluntarily recalling certain frozen waffle products due to potential contamination with Listeria monocytogenes, which can cause serious infections, particularly in vulnerable populations [1][2]. Product Recall Details - The recall affects various frozen waffle products distributed in the United States and Canada under multiple brand names, including Always Save, Best Choice, Bettergoods, Breakfast Best, Clover Valley, Food Lion, Foodhold, and Good & Gather [3][4][5][6]. - Specific products include: - Always Save 9.9oz Homestyle Waffles with multiple Lot Codes and Best By Dates ranging from 1/14/2025 to 10/15/2024 [3]. - Best Choice 12.3oz Chocolate Chip, Blueberry, and Original Waffles with various Lot Codes and Best By Dates extending to 8/30/2025 [3][4]. - Bettergoods 10.72oz Blueberry Protein Waffles and other flavors with a Best By Date of 8/14/2025 [3]. Consumer Guidance - Consumers are advised to check their freezers for the recalled products and either dispose of them or return them to the place of purchase for a refund [2][3]. - The recall is being conducted with the knowledge of the U.S. Food and Drug Administration (U.S. FDA) and the Canadian Food Inspection Agency (CFIA) [2].

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. | --- | --- | --- | --- | --- | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...