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) reported a second quarter loss per diluted share of $(0.05), improving from $(0.89) in Q2 2019. Adjusted earnings rose to $0.58 from $0.40. Organic net sales grew 3.7%, attributed to increased retail demand during the pandemic. Despite a revenue dip below guidance due to COVID-19 safety measures, the company raised its full-year adjusted EPS guidance to $2.55-$2.75. Q3 targets include adjusted EPS of $0.55-$0.65 and net sales between $1.04-$1.08 billion. Gross profit margin decreased slightly to 18.4%. Performance showed resilience amid challenges.
TreeHouse Foods, Inc. (NYSE: THS) will host an audio webcast on August 6, 2020, at 8:30 a.m. ET to discuss its second quarter earnings results. The webcast will be led by CEO Steve Oakland and CFO Bill Kelley, outlining results and outlook for 2020. Earnings release will be available before market opens that day, with slides posted at 8:15 a.m. ET. The event is accessible through the company's website and a replay will be available for 180 days.