TreeHouse Foods, Inc. manufactures and distributes private label packaged foods and beverages in the United States and internationally. It operates in two segments, Meal Preparation, and Snacking & Beverages. The Meal Preparation segment provides aseptic cheese and pudding products; baking and mix powders; hot cereals; jams, preserves, and jellies; liquid and powdered non-dairy creamers; macaroni and cheese; mayonnaise; Mexican, barbeque, and other sauces; pastas; pickles and related products; powdered soups and gravies; refrigerated and shelf stable dressings and sauces; refrigerated dough; single serve hot beverages; skillet dinners; and table and flavored syrups. The Snacking & Beverages segment offers bars, broths, candies, cookies, crackers, in-store bakery products, pita chips, powdered drinks, pretzels, ready-to-drink coffee, retail griddle waffles, pancakes, French toasts, specialty teas, and sweeteners. The company sells its products through various distribution channels, including grocery retailers and foodservice distributors, as well as industrial and export, which includes food manufacturers and repackagers of foodservice products. TreeHouse Foods, Inc. was founded in 1862 and is based in Oak Brook, Illinois.
IPO Year:
Exchange: NYSE
Website: treehousefoods.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/15/2024 | Overweight → Equal Weight | Consumer Edge Research | |
6/6/2024 | $37.00 | Neutral | Mizuho |
2/20/2024 | $45.00 → $35.00 | Buy → Hold | Truist |
10/13/2023 | $48.00 | Equal-Weight | Stephens |
9/13/2023 | $45.00 | Market Perform | TD Cowen |
4/14/2023 | $53.00 | Hold | Stifel |
3/20/2023 | $60.00 | Buy | UBS |
5/23/2022 | Hold → Buy | Truist | |
8/6/2021 | $50.00 → $40.00 | Neutral | Credit Suisse |
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Achieves Expected Supply Chain Savings Updates 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, Ill., Nov. 12, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE:THS) today reported financial results for the third quarter of 2024. "Our third quarter results were mixed, as a tough operati
OAK BROOK, Ill., Oct. 8, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE: THS) will report financial results for its third quarter ended September 30, 2024, before the market open on Tuesday, November 12, 2024. The Company will host an earnings call and webcast at 8:30 a.m. ET to discuss the results for the third quarter and its outlook for the balance of the year. To participate on the webcast, please register here: TreeHouse Foods Third Quarter 2024 Earnings Call. Additionally, ahead of the conference call an Earnings Presentation will be posted to the Company's investor relations website. A replay of the webcast will be available on the Company's investor relations website following the
Q2 Profit Exceeds Guidance Range Reaffirms 2024 Net Sales Outlook, Including 2H Volume Growth Narrows 2024 Adjusted EBITDA Range Net sales of $788.5 million was above the mid-point of the Company's guidance range of $770 to $800 million.Net loss from continuing operations was $(16.7) million.Adjusted EBITDA1 of $70.6 million exceeded the Company's guidance range of $55 to $65 million.Repurchased approximately $45 million of Company shares during the quarter.Reaffirmed 2024 outlook for net sales of $3.43 to $3.50 billion and free cash flow2 of at least $130 million; narrowed adjusted EBITDA2 outlook of $360 to $380 million.OAK BROOK, Ill., Aug. 5, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (
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 Earnings Presentation will be posted to the Company's investor relations website. A replay of the webcast will be available on the Company's investor relations website following the call.
TreeHouse First Quarter Net Sales Exceed Guidance Range Reaffirms 2024 Annual Guidance Net sales of $820.7 million exceeded the Company's guidance range of $780 to $810 million.Net loss from continuing operations was $(11.7) million.Adjusted EBITDA1 of $46.0 million was within the Company's guidance range of $45 to $55 million.Repurchased approximately $44 million of company shares during the quarter.Reaffirmed 2024 outlook for net sales of $3.43 to $3.50 billion, adjusted EBITDA2 of $360 to $390 million and free cash flow2 of at least $130 million.OAK BROOK, Ill., May 6, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE:THS) today reported financial results for the first quarter of 2024. "W
OAK BROOK, Ill., April 8, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE:THS) will report financial results for its first quarter ended March 31, 2024, before the market open on Monday, May 6, 2024. The Company will host an earnings call and webcast at 8:30 a.m. ET to discuss the results for the first quarter and its outlook for the balance of the year. To participate on the webcast, please register here: TreeHouse Foods First Quarter 2024 Earnings Call. Additionally, ahead of the conference call an Earnings Presentation will be posted to the Company's investor relations website. A replay of the webcast will be available on the Company's investor relations website following the call. ABOU
TreeHouse delivered strong improvement in fiscal year 2023 results:Net sales of $3,431.6 million increased by 4.1% versus the prior yearNet income from continuing operations of $59.0 million increased by $68.2 million versus the prior yearAdjusted EBITDA1 of $365.9 million increased by $74.2 million versus the prior yearFourth quarter results were in-line with guidance:Net sales of $910.8 millionNet income from continuing operations of $6.4 millionAdjusted EBITDA1 of $108.4 millionThe Company made strong improvement to its leverage profile and balance sheet.The Company completed the repurchase of approximately $50 million of shares during the fourth quarter; share repurchases totaled approxi
OAK BROOK, Ill., Jan. 9, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE:THS) will host an audio webcast on Friday, February 16, 2024, at 8:30 a.m. ET to discuss the results for the fourth quarter and full year 2023 and its outlook for fiscal year 2024. An earnings release will be issued before the market opens on the same date, and the accompanying slides will be posted on the Company's website at https://www.treehousefoods.com/investors/investor-overview. A replay will also be available on the site following the call. ABOUT TREEHOUSE FOODS TreeHouse Foods, Inc. is a leading private label food and beverage manufacturer in North America. Our purpose is to engage and delight - one customer
OAK BROOK, Ill., Oct. 3, 2023 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE:THS) will host an audio webcast on Monday, November 6, 2023, at 8:30 a.m. ET to discuss the results for the third quarter and its outlook for the balance of the year. An earnings release will be issued before the market opens on the same date, and the accompanying slides will be posted on the Company's website at https://www.treehousefoods.com/investors/investor-overview. A replay will also be available on the site following the call. ABOUT TREEHOUSE FOODS TreeHouse Foods, Inc. is a leading private label food and beverage manufacturer in North America. Our purpose is to engage and delight - one customer at a time. Thr
Net sales of $843.6 million exceeded guidance expectations and increased by 4.1% versus the prior year.Net income from continuing operations of $21.7 million compares to net loss from continuing operations of $(27.3) million in the prior year. Adjusted EBITDA1 from continuing operations of $76.4 million was at the high-end of the Company's guidance range and increased by $23.3 million versus the prior year.Earnings (loss) per diluted share from continuing operations of $0.38 compares to $(0.49) in the prior year. Adjusted earnings per diluted share from continuing operations1 of $0.42 compares to $0.05 in the prior year.TreeHouse raised its full year net sales outlook to 7.5% to 9.5% year-ov
8-K - TreeHouse Foods, Inc. (0001320695) (Filer)
10-Q - TreeHouse Foods, Inc. (0001320695) (Filer)
8-K - TreeHouse Foods, Inc. (0001320695) (Filer)
8-K - TreeHouse Foods, Inc. (0001320695) (Filer)
10-Q - TreeHouse Foods, Inc. (0001320695) (Filer)
8-K - TreeHouse Foods, Inc. (0001320695) (Filer)
8-K - TreeHouse Foods, Inc. (0001320695) (Filer)
10-Q - TreeHouse Foods, Inc. (0001320695) (Filer)
8-K - TreeHouse Foods, Inc. (0001320695) (Filer)
8-K - TreeHouse Foods, Inc. (0001320695) (Filer)
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's confidence in the strength of our balance sheet and our future cash generating capability, which should provide value for our shareholders over time," said Steve Oakland, Chairman, Chi
Achieves Expected Supply Chain Savings Updates 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, Ill., Nov. 12, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE:THS) today reported financial results for the third quarter of 2024. "Our third quarter results were mixed, as a tough operati
OAK BROOK, Ill., Oct. 22, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE:THS) is expanding its voluntary recall to include all products manufactured at one facility and still within their shelf-life. The recall is expanded to include frozen toaster waffle, Belgian waffle and pancake products, due to the potential to be contaminated with Listeria monocytogenes. Listeria monocytogenes is an organism that can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems. Healthy individuals may suffer only short-term symptoms such as high fever, severe headache, stiffness, nausea, abdominal pain, and diarrhea. Listeria monocyt
OAK BROOK, Ill., Oct. 18, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE:THS) is voluntarily recalling certain frozen waffle products listed below due to the potential to be contaminated with Listeria monocytogenes. Listeria monocytogenes is an organism that can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems. Healthy individuals may suffer only short-term symptoms such as high fever, severe headache, stiffness, nausea, abdominal pain, and diarrhea. Listeria monocytogenes infection can cause miscarriages and stillbirths among pregnant women. The recalled products were distributed throughout the United States
OAK BROOK, Ill., Oct. 8, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE: THS) will report financial results for its third quarter ended September 30, 2024, before the market open on Tuesday, November 12, 2024. The Company will host an earnings call and webcast at 8:30 a.m. ET to discuss the results for the third quarter and its outlook for the balance of the year. To participate on the webcast, please register here: TreeHouse Foods Third Quarter 2024 Earnings Call. Additionally, ahead of the conference call an Earnings Presentation will be posted to the Company's investor relations website. A replay of the webcast will be available on the Company's investor relations website following the
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 will also be available on the Company's investor relations website. September 17, 2024: TD Cowen's 2nd Annual Sip, Snack & Scrub Summit in New York, NY. TreeHouse Foods will be participati
Q2 Profit Exceeds Guidance Range Reaffirms 2024 Net Sales Outlook, Including 2H Volume Growth Narrows 2024 Adjusted EBITDA Range Net sales of $788.5 million was above the mid-point of the Company's guidance range of $770 to $800 million.Net loss from continuing operations was $(16.7) million.Adjusted EBITDA1 of $70.6 million exceeded the Company's guidance range of $55 to $65 million.Repurchased approximately $45 million of Company shares during the quarter.Reaffirmed 2024 outlook for net sales of $3.43 to $3.50 billion and free cash flow2 of at least $130 million; narrowed adjusted EBITDA2 outlook of $360 to $380 million.OAK BROOK, Ill., Aug. 5, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (
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 Earnings Presentation will be posted to the Company's investor relations website. A replay of the webcast will be available on the Company's investor relations website following the call.
OAK BROOK, Ill., May 15, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE:THS) announced today participation in the following investor conferences in June: June 5, 2024: William Blair 44th Annual Growth Stock Conference in Chicago, Illinois. TreeHouse Foods will be participating in investor meetings and will present beginning at 4:00 p.m. CT on Wednesday, June 5, 2024. A live audio webcast and presentation will be available on the Company's website: William Blair 44th Annual Growth Stock Conference. A replay will also be available on the Company's investor relations website. June 17 - 18, 2024: Jefferies Consumer Conference in Nantucket, Massachusetts. TreeHouse Foods will be participating
TreeHouse First Quarter Net Sales Exceed Guidance Range Reaffirms 2024 Annual Guidance Net sales of $820.7 million exceeded the Company's guidance range of $780 to $810 million.Net loss from continuing operations was $(11.7) million.Adjusted EBITDA1 of $46.0 million was within the Company's guidance range of $45 to $55 million.Repurchased approximately $44 million of company shares during the quarter.Reaffirmed 2024 outlook for net sales of $3.43 to $3.50 billion, adjusted EBITDA2 of $360 to $390 million and free cash flow2 of at least $130 million.OAK BROOK, Ill., May 6, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE:THS) today reported financial results for the first quarter of 2024. "W
Consumer Edge Research downgraded TreeHouse Foods from Overweight to Equal Weight
Mizuho initiated coverage of TreeHouse Foods with a rating of Neutral and set a new price target of $37.00
Truist downgraded TreeHouse Foods from Buy to Hold and set a new price target of $35.00 from $45.00 previously
Stephens initiated coverage of TreeHouse Foods with a rating of Equal-Weight and set a new price target of $48.00
TD Cowen initiated coverage of TreeHouse Foods with a rating of Market Perform and set a new price target of $45.00
Stifel resumed coverage of TreeHouse Foods with a rating of Hold and set a new price target of $53.00
UBS initiated coverage of TreeHouse Foods with a rating of Buy and set a new price target of $60.00
Truist upgraded TreeHouse Foods from Hold to Buy
Credit Suisse reiterated coverage of Treehouse Foods with a rating of Neutral and set a new price target of $40.00 from $50.00 previously
JPMorgan Chase & Co. resumed coverage of TreeHouse Foods with a rating of Hold and set a new price target of $48.00
4 - TreeHouse Foods, Inc. (0001320695) (Issuer)
4 - TreeHouse Foods, Inc. (0001320695) (Issuer)
4 - TreeHouse Foods, Inc. (0001320695) (Issuer)
4 - TreeHouse Foods, Inc. (0001320695) (Issuer)
4 - TreeHouse Foods, Inc. (0001320695) (Issuer)
4 - TreeHouse Foods, Inc. (0001320695) (Issuer)
4 - TreeHouse Foods, Inc. (0001320695) (Issuer)
4 - TreeHouse Foods, Inc. (0001320695) (Issuer)
4 - TreeHouse Foods, Inc. (0001320695) (Issuer)
4 - TreeHouse Foods, Inc. (0001320695) (Issuer)
Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on Treehouse Foods (NYSE:THS) in the last three months. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 3 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $36.5, a high estimate of $37.00, and a low estimate of $36.00. A decline of 4.77% f
Mizuho analyst John Baumgartner initiates coverage on Treehouse Foods (NYSE:THS) with a Neutral rating and announces Price Target of $37.
Barclays analyst Andrew Lazar maintains Treehouse Foods (NYSE:THS) with a Equal-Weight and lowers the price target from $39 to $36.
TD Cowen analyst Robert Moskow maintains Treehouse Foods (NYSE:THS) with a Hold and lowers the price target from $38 to $37.
Stifel analyst Matthew Smith maintains Treehouse Foods (NYSE:THS) with a Hold and lowers the price target from $38 to $36.
U.S. stocks were higher, with the Nasdaq Composite gaining over 100 points on Monday. Shares of Spirit Airlines, Inc. (NYSE:SAVE) fell sharply during Monday's session as the company reported a first-quarter fiscal 2024 revenue decline of 6.2% Y/Y to $1.265 billion, marginally missing the consensus of $1.269 billion. Adjusted EPS loss was $(1.46), down from $(0.82), missing the consensus of $(1.45). Spirit Airlines shares dipped 9.8% to $3.3450 on Monday. Here are some other big stocks recording losses in today's session. EyePoint Pharmaceuticals, Inc. (NASDAQ:EYPT) shares fell 37.7% to $12.29 after the company’s Phase 2 PAVIA trial of DURAVYU did not meet its pre-specified prima
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 100 points on Monday. The Dow traded up 0.18% to 38,744.60 while the NASDAQ rose 0.69% to 16,267.82. The S&P 500 also rose, gaining, 0.61% to 5,158.84. Check This Out: Wall Street’s Most Accurate Analysts’ Views On 3 Tech & Telecom Stocks Delivering High-Dividend Yields Leading and Lagging SectorsEnergy shares rose by 1.5% on Monday. In trading on Friday, consumer staples shares fell by 0.4%. Top Headline Shares of TreeHouse Foods, Inc. (NYSE:THS) fell around 9% on Monday after the company reported mixed first-quarter financial results. The company reported a first-quarter FY24
Shares of Perficient, Inc (NASDAQ:PRFT) shares rose sharply during Monday's session after the company disclosed an acquisition deal and first-quarter FY24 results. The company stated that it has entered into a definitive deal to be acquired by an affiliate of BPEA Private Equity Fund VIII (EQT Asia), part of EQT AB in an all-cash transaction at an enterprise value of around $3.0 billion. Perficient shares jumped 53% to $73.60 on Monday. Here are some other stocks moving in today’s mid-day session. Gainers BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) gained 19% to $5.30 following strong first-quarter results. Pacific Biosciences of California, Inc. (NASDAQ:PACB) rose 15% to
TreeHouse Foods Inc (NYSE:THS) shares are trading lower after the company’s first-quarter revenue declined 3.9% and the adjusted EPS missed the consensus. The company reported a first-quarter FY24 sales of $820.70 million, beating the analyst consensus estimate of $797.18 million. The revenue decrease was primarily driven by unfavorable volume/mix due to planned distribution exits primarily in coffee and in-store bakery categories, as well as the restart of one of the broth facilities, which contributed to approximately half of the volume decline. Gross margin for the quarter contracted 440 basis points Y/Y to 13.6%. Adjusted EBITDA from continuing operations totaled $46 million, a
OAK BROOK, Ill., April 26, 2023 /PRNewswire/ -- TreeHouse Foods, Inc. ("TreeHouse Foods" or the "Company") (NYSE:THS) today announced that Patrick O'Donnell has been named Executive Vice President and Chief Financial Officer. "Pat has demonstrated strong leadership and made valuable contributions to the ongoing advancement of TreeHouse's growth strategy during his time as Interim CFO and we are pleased to appoint him to the role in a permanent capacity," said Steve Oakland, President and Chief Executive Officer of TreeHouse Foods. "He is a results-driven leader who brings substantial finance and accounting expertise along with a deep understanding of our business and industry. As we progress
Loftus brings strong industry experience to the new role, will focus on accelerating execution of the company's strategy and driving efficiencies for growth Sun-Maid Growers of California is pleased to announce the appointment of Steve Loftus as President and Chief Operating Officer, reporting to Harry Overly, Executive Chairman of the Board. In this newly created role, all functional areas within Sun-Maid will report directly to Loftus as he will be accountable to the daily operations of the business. A 15-year industry veteran, Loftus is recognized for his ability to build and align cross functional partners around common objectives, delivering short and long term financial and strategic
Appointments of Rachel Bishop, Jeffrey Boyer and Chip Molloy Enhance Board's Expertise in Retail Operations, Strategy and Finance Sally Beauty Holdings, Inc. (NYSE:SBH) today announced the appointment of Rachel R. Bishop, Ph.D., President, Hefty Tableware at Reynolds Consumer Products; Jeffrey Boyer, Chief Operating Officer of Fossil Group; and Lawrence "Chip" Molloy, Chief Financial Officer of Sprouts Farmers Market, to its Board of Directors, effective immediately. With these appointments, Sally Beauty Holdings' Board is now 46% women and 8% racially/ethnically diverse, and 69% have joined within the last five years. "On behalf of my fellow directors, we are very pleased to welcome Rach
OAK BROOK, Ill., April 12, 2022 /PRNewswire/ -- TreeHouse Foods, Inc. ("TreeHouse Foods" or the "Company") (NYSE:THS) today announced the appointment of Scott Ostfeld, Partner of JANA Partners LLC and Co-Portfolio Manager of its engaged investing strategy JANA Strategic Investments, to the TreeHouse Foods Board of Directors. The appointment is in connection with an agreement with JANA Partners LLC ("JANA"), which owns approximately 9.2% of TreeHouse Foods' outstanding common stock. "The TreeHouse Board and JANA share a common appreciation regarding the opportunity for TreeHouse Foods, and we are united behind the shared goal of enhancing value for our stockholders and other stakeholders," sa
OAK BROOK, Ill., March 2, 2021 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE: THS) today announced an agreement with JANA Partners LLC, which owns approximately 7.4% of the outstanding shares of TreeHouse's common stock, pursuant to which TreeHouse will appoint to its Board of Directors, effective March 2, 2021, two new independent directors: John P. Gainor Jr. and Kenneth I. Tuchman. "We are pleased that our productive engagement with JANA Partners has resulted in the appointment of John and Ken to the TreeHouse Board," said Gary D. Smith, Chairman of the Board. "Both have a broad range of expertise. We look forward to benefitting from their valuable perspectives as we continue to focus on ex