STOCK TITAN
  1. Home
  2. News
  3. THS

Treehouse Foods - THS STOCK NEWS

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.

News

TreeHouse Foods, Inc. Reports Third Quarter 2023 Results

Rhea-AI Summary
TreeHouse Foods reports Q3 2023 financial results with net sales of $863.3 million, a 3.6% increase YoY. Adjusted net sales were $906.6 million, below sales guidance. Net income from continuing operations was $9.8 million compared to a net loss of $12.0 million in the prior year. Adjusted EBITDA from continuing operations was $89.9 million, a $10.3 million increase YoY. The company completed a $50 million share repurchase and received a $427.5 million repayment from the Meal Preparation divestiture. Full-year adjusted net sales outlook is $3,435 to $3,465 million, and adjusted EBITDA outlook is $360 to $370 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.31%
Tags
earnings
-
News

TreeHouse Foods to Purchase Pickle Branded Assets

Rhea-AI Summary
TreeHouse Foods to acquire Bick's pickles, Habitant pickled beets, Woodman's horseradish, and McLarens pickled onions brands from The J.M. Smucker Co. for $20 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.02%
Tags
none
-
News

The J.M. Smucker Co. Announces Agreement to Divest Fermented Food Condiment Brands in Canada

Rhea-AI Summary
J.M. Smucker Co. to sell its pickles, beets, horseradish, and pickled onions brands to TreeHouse Foods for $20 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.02%
Tags
none
News

TreeHouse Foods Announces Webcast of Third Quarter 2023 Earnings Conference Call

Rhea-AI Summary
TreeHouse Foods, Inc. will discuss Q3 results and outlook on November 6, 2023. Earnings release before market opens. Webcast at 8:30am ET.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.42%
Tags
earnings
-
News

TreeHouse Foods Closes Sale of Lakeville, MN Facility and Snack Bars Business

Rhea-AI Summary
TreeHouse Foods completes sale of Lakeville manufacturing facility and snack bars business to John B. Sanfilippo & Son for $61 million in cash.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.69%
Tags
none
-
News

John B. Sanfilippo & Son, Inc. Completes Acquisition of Snack Bar Assets from TreeHouse Foods

Rhea-AI Summary
John B. Sanfilippo & Son, Inc. completes acquisition of assets from TreeHouse Foods, Inc. for $61.3 million in cash, including $37.3 million of inventory. The acquisition accelerates product diversification strategy and allows for a complete offering of snack bars. Borrowings under credit facility funded the purchase.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.69%
Tags
acquisition
News

TreeHouse Foods to Webcast Participation at TD Cowen Sipping & Snacking Summit

Rhea-AI Summary
TreeHouse Foods, Inc. executives to participate in a fireside chat at TD Cowen Sipping & Snacking Summit on September 19, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.17%
Tags
conferences
-
News

John B. Sanfilippo & Son, Inc. To Acquire Assets from TreeHouse Foods

Rhea-AI Summary
John B. Sanfilippo & Son, Inc. is set to acquire certain assets from Treehouse Foods, Inc. for $63.0 million in cash. The acquisition will expand the company's capabilities and product offerings in the snack bar category. It is expected to add approximately $105 to $120 million in incremental net sales during the remainder of the 2024 fiscal year. However, the acquisition is anticipated to be dilutive to earnings per share for the next twelve to fifteen months after closing, with an expected dilution range of $0.80 to $1.00 per diluted share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.23%
Tags
acquisition
-
News

TreeHouse Foods Announces Sale of Lakeville, MN Facility and Snack Bars Business

Rhea-AI Summary
TreeHouse Foods to sell its Lakeville manufacturing facility and snack bars business to John B. Sanfilippo & Son for $63 million in cash.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.23%
Tags
none
News

TreeHouse Foods, Inc. Reports Second Quarter 2023 Results

Rhea-AI Summary
TreeHouse Foods, Inc. (NYSE: THS) reported Q2 2023 net sales of $843.6 million, exceeding expectations and increasing by 4.1% YoY. Net income from continuing operations was $21.7 million, compared to a loss of $(27.3) million in the prior year. Adjusted EBITDA from continuing operations was $76.4 million, a $23.3 million increase YoY. The company raised its full-year net sales outlook to 7.5% to 9.5% YoY growth, narrowing its adjusted EBITDA outlook to $360 to $370 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.82%
Tags
earnings
Stock THS logo
Treehouse Foods

NYSE:THS

THS Rankings

N/A Ranked by Market Cap
N/A Ranked by Dividends

THS Stock Data

1.11B
49.66M
0.9%
111.34%
4.03%
Packaged Foods
Canned, Frozen & Preservd Fruit, Veg & Food Specialties
Link
United States
OAK BROOK