Group 1 - November 12th was a negative day for shareholders of TreeHouse Foods, Inc. (NYSE: THS) as the company's shares experienced a decline [1] - The trading session was ongoing at the time of reporting, indicating that the situation could evolve further [1] Group 2 - Crude Value Insights provides an investment service focused on the oil and natural gas sector, emphasizing cash flow and companies that generate it [2] - Subscribers have access to a stock model account with over 50 stocks, detailed cash flow analyses of exploration and production firms, and live chat discussions about the sector [2] - A two-week free trial is available for new subscribers, promoting engagement in the oil and gas market [2]

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 ...

Core Insights - TreeHouse Foods reported mixed financial results for Q3 2024, with net sales of $839.1 million, a decrease of 2.8% year-over-year, primarily due to a voluntary product recall and unfavorable volume/mix performance [1][2] - The company updated its 2024 outlook, expecting adjusted net sales between $3.37 billion and $3.40 billion, reflecting a decline of approximately 2% to 1% year-over-year [3][4] - Adjusted EBITDA for Q3 2024 was $102.5 million, an increase from $89.9 million in Q3 2023, attributed to supply chain savings initiatives [2][4] Financial Performance - Net sales for Q3 2024 were $839.1 million, down from $863.3 million in Q3 2023, with a decrease of $24.2 million or 2.8% [2] - Gross profit margin decreased to 15.6% in Q3 2024 from 15.9% in Q3 2023, impacted by the product recall [2] - Adjusted gross profit margin improved to 18.9% in Q3 2024 from 17.3% in Q3 2023, driven by supply chain initiatives [2] Operating Expenses and Other Financial Metrics - Total operating expenses decreased to $99.4 million in Q3 2024 from $103.9 million in Q3 2023, due to lower freight costs and reduced employee incentive compensation [2] - Total other expenses increased to $36.1 million in Q3 2024 from $20.1 million in Q3 2023, primarily due to unfavorable changes in non-cash mark-to-market impacts from hedging activities [2] - The effective tax rate for Q3 2024 was 20.9%, down from 27.4% in Q3 2023, influenced by changes in executive compensation and tax credits [2] Cash Flow and Capital Expenditures - Net cash used in operating activities from continuing operations was $30.4 million in the first nine months of 2024, compared to net cash provided of $11.0 million in the same period of 2023 [2] - The company expects capital expenditures of approximately $145 million and free cash flow of at least $120 million for 2024 [5][6] Outlook - The company anticipates fourth quarter adjusted net sales in the range of $900 million to $930 million, representing approximately -1% to 2% growth year-over-year [5] - Adjusted EBITDA for Q4 2024 is expected to be between $116 million and $126 million, reflecting ongoing challenges in consumption trends [6]

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 ...