THS Stock Recent News
THS LATEST HEADLINES
Treehouse Foods, Inc. (NYSE:THS ) Q3 2023 Earnings Conference Call November 6, 2023 8:30 AM ET Company Participants Steve Oakland - Chairman, President & CEO Pat O'Donnell - EVP & CFO Colleen Fiocchi - IR Conference Call Participants Andrew Lazar - Barclays Rob Dickerson - Jefferies Matt Smith - Stifel Carla Casella - J.P. Morgan Jon Andersen - William Blair Jim Salera - Stephens Inc. Operator Hello.
TreeHouse Foods (THS) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.18 per share a year ago.
TreeHouse (THS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
TreeHouse (THS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
TreeHouse Foods' (THS) third-quarter 2023 results are likely to reflect gains from solid demand for its snacking, beverages and grocery products, efficient pricing actions and cost-control measures.
TreeHouse Foods (THS) will acquire The J.M. Smucker Co.'s (SJM) Bick's pickles, Habitant pickled beets, Woodman's horseradish and McLarens pickled onions brands.
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.