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, Inc. (NYSE: THS) is a private brands snacking and beverage manufacturer in North America, and the news flow around the company reflects both its operating performance and significant corporate developments. Company news frequently covers quarterly and annual financial results, where TreeHouse reports net sales, adjusted net sales, net income or loss, adjusted EBITDA and free cash flow, along with commentary on supply chain initiatives, pricing actions, product recalls and category trends affecting volume and mix.
Recent news has highlighted TreeHouse’s strategic actions, including the acquisition of a private brand tea business (Harris Tea), the decision to exit its ready‑to‑drink beverages business, and operational enhancement initiatives aimed at improving efficiency, cost savings and service levels. Press releases describe how the Harris Tea acquisition contributes to net sales and margins, while the RTD exit and product recalls, such as frozen griddle products, have influenced sales and volume patterns. Updates also discuss restructuring costs, non‑cash impairment charges, hedging impacts, interest expense and tax rate changes that affect reported earnings.
A major focus of TreeHouse news is the announced definitive agreement under which TreeHouse Foods will be acquired by an Investindustrial‑related entity in an all‑cash transaction. News coverage details the agreed per‑share cash consideration, the issuance of contingent value rights tied to litigation related to part of TreeHouse’s coffee business, the board’s unanimous approval of the transaction, and the expectation that TreeHouse will become a private company and its stock will cease to be listed on the New York Stock Exchange upon closing.
Investors and observers following THS news can expect regular earnings releases, updates on guidance and outlook, announcements regarding operational enhancement actions, and detailed communications about the progress of the planned merger with Investindustrial. This news page aggregates these items so readers can review financial performance, strategic moves and transaction‑related milestones in one place.
TreeHouse Foods (NYSE: THS) has released its 2024 Environmental, Social & Governance (ESG) Report, highlighting progress made in 2023 towards its 2030 ESG Goals. As a leading private brands snacking and beverage manufacturer in North America, TreeHouse Foods has integrated ESG work throughout its value chain. Key achievements include:
- Reduced Scope 1 & 2 greenhouse gas emissions by 4.4%
- Reduced Food Loss & Waste by 16.2%
- Reduced water withdrawn in manufacturing operations by nearly 17%
- Increased employee engagement and expanded Employee Resource Group membership by 23%
- Increased use of RSPO-certified palm oil by 5%
- Increased use of post-consumer recycled content by 8%
The company also conducted a prioritization assessment to align its ESG strategy with stakeholder priorities and distributed a Responsible Supplier Survey to strategic suppliers.
TreeHouse Foods (NYSE: THS) will announce its second quarter 2024 financial results on August 5, 2024, before market open.
The company will host an earnings call and webcast at 8:30 a.m. ET to discuss the results and outlook for the year. An Earnings Presentation will be available on the company's investor relations website before the call, and a replay of the webcast will be accessible afterward.
TreeHouse Foods is a major private brands snacking and beverage manufacturer in North America, focused on delivering excellent service and growth for both the company and its customers.
TreeHouse Foods (NYSE: THS) announced its participation in key investor conferences in June 2024. On June 5, 2024, the company will present at the William Blair 44th Annual Growth Stock Conference in Chicago, Illinois, starting at 4:00 p.m. CT. The session will be available via a live audio webcast on the company's website, with a replay also accessible later.
Furthermore, TreeHouse Foods will be attending the Jefferies Consumer Conference in Nantucket, Massachusetts, on June 17-18, 2024, engaging in investor meetings throughout the event.
TreeHouse Foods is a prominent private brand snacking and beverage manufacturer in North America, focusing on customer engagement and delivering outstanding service.
TreeHouse Foods, Inc. reported net sales of $820.7 million for the first quarter of 2024, exceeding the guidance range of $780 to $810 million. The company's adjusted EBITDA was $46.0 million and it reaffirmed its 2024 annual guidance with net sales expected to be between $3.43 to $3.50 billion, adjusted EBITDA of $360 to $390 million, and free cash flow of at least $130 million. Despite a net loss from continuing operations of $(11.7) million, TreeHouse remains optimistic about its commercial pipeline and growth prospects.
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