Treehouse Foods (THS) Tops Q3 EPS by 2c
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TreeHouse Foods, Inc. Reports Third Quarter 2022 Results and Fourth Quarter Outlook
November 7, 2022 6:55 AM ESTDelivered Strong Third Quarter Net Sales and Sequential Improvement in Profitability
Completed Divestiture of a Significant Portion of Meal Preparation Enables $500 Million of Debt Reduction
Robust Demand Trends Continue to Fuel Private Label Growth
TreeHouse Guides Q4 Net Sales Growth of 22% - 24% Year-over-Year and Adjusted EBITDA Margin from Continuing Operations of 10.5% to 12.0%
THIRD QUARTER HIGHLIGHTS FOR TREEHOUSE PRIOR TO DIVESTITURE
Net sales increased by 18.0% to $1,299.4 million.Net loss totaled $(90.5) million, which included the divestiture transaction and related... More