With listeria top of mind, manufacturers are upping testing protocols: food experts [Yahoo! Finance Canada]
Treehouse Foods, Inc. (THS)
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Source: Yahoo! Finance Canada
Extensive testing at the manufacturing level and a keen awareness of the issue among consumers is more likely why it feels like there are more recalls than normal, they say. Rick Holley, a retired University of Manitoba food science professor, notes a frozen waffle recall last Friday involving dozens of products was issued by the food processing company first – rather than the Canadian Food Inspection Agency – after listeria was discovered during routine testing. “What that means to me is that there's a heightened sensitivity on the part of the food industry,” he said. Manufacturer TreeHouse Foods expanded its recall this week to include more brands of frozen waffles and pancakes produced at its Brantford, Ont. facility. Corporate executives are likely influenced by the fallout of a plant-based milks contamination earlier this year that sickened 20, leading to 15 hospitalizations and three deaths. A recall triggered a wave of media attention and a months-long investigation. T
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News
- TreeHouse Foods, Inc. (NYSE: THS) was downgraded by analysts at Consumer Edge from an "overweight" rating to an "equal weight" rating.MarketBeat
- TreeHouse Foods Q3 Earnings Meet, View Cut on Weak Consumption Trends [Yahoo! Finance]Yahoo! Finance
- TreeHouse Foods, Inc. (NYSE: THS) had its price target lowered by analysts at Truist Financial Co. from $35.00 to $30.00. They now have a "hold" rating on the stock.MarketBeat
- TreeHouse Foods Q3 Earnings: Too Messy, For Too Long [Seeking Alpha]Seeking Alpha
- TreeHouse Foods, Inc. (NYSE: THS) had its price target lowered by analysts at Barclays PLC from $39.00 to $32.00. They now have an "equal weight" rating on the stock.MarketBeat
THS
Earnings
- 11/12/24 - In-Line
THS
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form 8-K
- 11/12/24 - Form 10-Q
- THS's page on the SEC website