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Last year, TreeHouse Foods, Inc. sold a majority stake in its meal preparation business to simplify operations. Long-term struggles continue due to complex past acquisitions and declining margins. Recent divestments aim to reduce leverage and complexity, but questions remain about still elevated leverage ratio.
TreeHouse Foods' (THS) proactive pricing strategies, expanded product portfolio and strategic growth initiatives position it favorably amid cost challenges.
The sale of its Lakeville, MN-based facility and snack bar business marks a significant step in TreeHouse Foods' (THS) efforts to streamline its operations and focus on its core objectives.
TreeHouse Foods' (THS) sale of its Lakeville facility and snack bars business will enable it to better focus on and efficiently direct resources to its private-label snacking and beverage categories.
TreeHouse Foods' (THS) second-quarter fiscal 2023 results reflect gains from pricing actions to counter cost inflation. Management raises net sales and adjusted EBITDA guidance for fiscal 2023.
TreeHouse Foods, Inc. (NYSE:THS ) Q2 2023 Results Earnings Conference Call August 7, 2023 8:30 AM ET Company Participants Steven Oakland - Chief Executive Officer and President Patrick O'Donnell - Executive Vice President and Chief Financial Officer Conference Call Participants Rob Dickerson - Jefferies Matthew Smith - Stifel Nicolaus William Chappell - Truist Securities Operator Good morning. And welcome to the TreeHouse Foods, Inc. Second Quarter 2023 Conference Call.
TreeHouse Foods (THS) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to loss of $0.04 per share a year ago.
TreeHouse Foods' (THS) Q2 results are likely to reflect resilient growth through efficient pricing and cost-control measures despite supply challenges.
TreeHouse Foods (THS) is likely to benefit from robust product demand, favorable pricing actions, acquisitions and its focus on debt reduction.
OAK BROOK, Ill. , July 6, 2023 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE: THS) will host an audio webcast on Monday, August 7, 2023, at 8:30 a.m.