Welcome to our dedicated page for Treehouse Foods news (Ticker: THS), a resource for investors and traders seeking the latest updates and insights on Treehouse Foods stock.
TreeHouse Foods (THS) is North America's leading private-label food manufacturer, providing retailers with quality snacks, beverages, and grocery products. This dedicated news hub offers investors and industry stakeholders centralized access to the company's latest developments, financial updates, and strategic initiatives.
Find timely updates on earnings reports, manufacturing innovations, supply chain advancements, and partnership announcements. Our curated collection ensures you stay informed about THS's operational milestones in private-label production, food safety protocols, and category expansion within the competitive food manufacturing sector.
Regularly updated content includes press releases about product line expansions, facility investments, and leadership updates. Bookmark this page to monitor how THS maintains its market leadership through operational efficiency and retailer-focused solutions in the private-label food space.
TreeHouse Foods (NYSE: THS) announced implementation of operational enhancement actions to improve efficiency and profitability. The company provided preliminary Q1 2025 results, expecting at least $792 million in Adjusted net sales and at least $52 million in Adjusted EBITDA.
Key organizational changes include the departure of Executive VP Scott Tassani by May 30, 2025, and the elimination of approximately 150 roles through centralization of corporate support functions. The company reaffirmed its 2025 guidance, projecting adjusted annual net sales of $3.34-3.40 billion and adjusted EBITDA of $345-375 million.
Regarding international operations, TreeHouse Foods reported that approximately 5% of 2024 net sales came from outside the US, primarily from Canada, with most finished goods complying with USMCA standards.
TreeHouse Foods (NYSE: THS) reported its Q4 and full-year 2024 results, meeting guidance targets. Full-year net sales reached $3,354.0 million with net income from continuing operations of $26.9 million and Adjusted EBITDA of $337.4 million.
Q4 results showed net sales of $905.7 million, slightly down 0.6% year-over-year, with net income from continuing operations of $58.7 million and Adjusted EBITDA of $118.3 million. The company's gross profit margin improved to 19.5% in Q4 2024, up from 16.7% in Q4 2023.
For 2025, TreeHouse provided guidance projecting adjusted net sales between $3.340-3.400 billion, Adjusted EBITDA of $345-375 million, and free cash flow of at least $130 million. During Q4 2024, the company repurchased 1.7 million shares for $61.0 million, with $393.5 million remaining under its repurchase authorization.
TreeHouse Foods (NYSE: THS), a leading private brands snacking and beverage manufacturer in North America, has scheduled its fourth quarter 2024 financial results announcement for February 14, 2025, before market open. The company will host an earnings call and webcast at 8:30 a.m. ET to discuss Q4 and fiscal 2024 results, along with providing initial outlook for the upcoming fiscal year.
The company will make an Earnings Presentation available on its investor relations website prior to the conference call. A replay of the webcast will be accessible on the same platform after the call concludes. TreeHouse Foods focuses on delivering excellent service and building capabilities to drive mutually profitable growth with its customers through category experience and customer-centric approach.
TreeHouse Foods (NYSE: THS) has completed the acquisition of Harris Tea for approximately $205 million, primarily funded with cash on hand. The acquisition provides TreeHouse Foods with an immediate leadership position in private label tea and brings Harris Tea's capabilities in tea sourcing, blending, and packing.
The purchase price represents approximately 8.5x trailing-twelve-month adjusted EBITDA, or 6.5x net of synergies and the net present value of future tax benefits. The company expects the acquisition to be accretive to revenue and profitability in 2025. TreeHouse Foods has reiterated its 2024 full-year guidance, including expectations for sequential improvement in volume growth and profit margin in the fourth quarter.
TreeHouse Foods (NYSE: THS) has announced the acquisition of Harris Tea's private brand tea business for $205 million. The deal includes manufacturing facilities in Moorestown, NJ and Marietta, GA, and approximately 300 employees. The purchase price represents 8.5x trailing-twelve-month adjusted EBITDA, or 6.5x net of synergies and tax benefits. The transaction, expected to close in Q1 2025, will be funded primarily with cash on hand and aims to strengthen TreeHouse's position in the tea category. The company reiterates its 2024 guidance, expecting sequential improvement in volume growth and profit margin in Q4.
TreeHouse Foods (NYSE: THS) announced that its Board of Directors has approved a $400 million share repurchase authorization with an annual cap of $150 million. The company can begin repurchasing shares immediately through open market, private purchases, or other means. The shares will be held as treasury stock. CEO Steve Oakland stated this decision reflects their capital allocation strategy and the Board's confidence in their balance sheet and future cash generating capability.
TreeHouse Foods (NYSE: THS) reported mixed third quarter 2024 results with net sales of $839.1 million, down 2.8% year-over-year. The company posted a net loss from continuing operations of $3.4 million. Adjusted EBITDA reached $102.5 million, within guidance range. A voluntary griddle product recall impacted results, leading to updated 2024 guidance: adjusted net sales of $3.37-3.40 billion, adjusted EBITDA of $335-345 million, and free cash flow of at least $120 million. Supply chain savings initiatives led to margin improvements, while softer consumer demand and recall impacts tempered expectations.
TreeHouse Foods (NYSE: THS) has expanded its voluntary recall to include all frozen toaster waffle, Belgian waffle, and pancake products manufactured at one facility due to potential Listeria monocytogenes contamination. The recall affects products distributed throughout the United States and Canada under various brand names, with Best By dates ranging from October 1, 2024 to October 11, 2025.
The recalled products were sold through major retailers including Albertson's, Aldi, Dollar General, HEB, Kroger, Publix, Target, and Walmart. Affected items include popular brands like 365 Organic, Kodiak Cakes, Nature's Path Organic, and Trader Joe's, among many others. Consumers can identify recalled products by checking the UPC, Lot Code, and Best By Date on the packaging.
Listeria monocytogenes can cause serious infections, particularly in young children, elderly people, and those with weakened immune systems. Symptoms may include high fever, severe headache, stiffness, nausea, abdominal pain, and diarrhea. The infection can also lead to miscarriages and stillbirths in pregnant women.
TreeHouse Foods (NYSE: THS) is voluntarily recalling certain frozen waffle products due to potential Listeria monocytogenes contamination. The recalled products were distributed in the U.S. and Canada under various brand names. Affected products can be identified by UPC, Lot Code, and Best By Date on the packaging. No illnesses have been reported related to these products. The issue was discovered through routine testing at the manufacturing facility.
Consumers should check their freezers for the listed products and dispose of them or return for credit. Questions can be directed to TreeHouse Foods at 800-596-2903. The recall is being conducted with the knowledge of the U.S. FDA and Canadian Food Inspection Agency. Affected brands include Always Save, Best Choice, Breakfast Best, Clover Valley, Food Lion, Giant Eagle, Good & Gather, Great Value and others.
TreeHouse Foods, Inc. (NYSE: THS) has announced that it will report its third quarter 2024 financial results on Tuesday, November 12, 2024, before the market opens. The company will host an earnings call and webcast at 8:30 a.m. ET to discuss the results and provide an outlook for the rest of the year. Interested parties can register for the webcast on the company's website, where an Earnings Presentation will also be available prior to the call. TreeHouse Foods is a leading private brands snacking and beverage manufacturer in North America, focusing on customer engagement and delivering excellent service to drive mutually profitable growth.
