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Stock impact report

TreeHouse Foods, Inc. Reports Third Quarter 2024 Results

Treehouse Foods, Inc. (THS) 
Last treehouse foods, inc. earnings: 2/13 06:55 am Check Earnings Report
US:NYSE Investor Relations: treehousefoods.gcs-web.com/node/5806
Company Research Source: PR Newswire
Achieves Expected Supply Chain SavingsUpdates 2024 OutlookNet sales were $839.1 million. Excluding the voluntary griddle product recall, adjusted net sales were $854.4 million.Net loss from continuing operations was $(3.4) million.Adjusted EBITDA1 of $102.5 million was within the Company's guidance range of $98 to $108 million.Updated 2024 outlook now calls for adjusted net sales of $3.37 to $3.40 billion, adjusted EBITDA of $335 to $345 million, and free cash flow2 of at least $120 million.OAK BROOK, Ill., Nov. 12, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE: THS) today reported financial results for the third quarter of 2024."Our third quarter results were mixed, as a tough operating environment with softer consumer takeaway led to sales below our expectations. However, I was pleased with our supply chain savings, which led to margin improvement and profit that was within our guidance range," said Steve Oakland, Chairman, Chief Executive Officer, and President. "Immediately fol Show less Read more
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