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TreeHouse Foods Inc (THS.N)

THS.N on New York Stock Exchange

43.66USD
17 Nov 2017
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$0.80 (+1.87%)
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Latest Key Developments (Source: Significant Developments)

Robert Aiken resigns as president of Treehouse Foods Co
Thursday, 2 Nov 2017 06:57am EDT 

Nov 2 (Reuters) - Treehouse Foods Inc :Robert Aiken resigns as president of Treehouse Foods; company to initiate chief executive officer search.Treehouse Foods Inc - ‍treehouse chairman and chief executive officer Sam Reed will assume role of president​.Treehouse Foods Inc - ‍as part of board approved search process, company will retain a leading executive search firm to identify ceo candidates​.  Full Article

Treehouse Food announces $400 mln share repurchase authorization
Thursday, 2 Nov 2017 06:56am EDT 

Nov 2 (Reuters) - Treehouse Foods Inc :Treehouse Foods Inc. announces $400 million share repurchase authorization.Treehouse Foods Inc - ‍new share repurchase program represents approximately 10 pct of company's shares outstanding​.Treehouse - ‍plans to implement 10b5-1 program in order to repurchase shares required to offset dilutive impact on earnings from equity-based compensation​.  Full Article

Treehouse Foods reports Q3 GAAP earnings per share $0.50
Thursday, 2 Nov 2017 06:55am EDT 

Nov 2 (Reuters) - Treehouse Foods Inc :Treehouse Foods, Inc. reports third quarter 2017 results, revises full year guidance and announces a $400 million share repurchase.Q3 adjusted earnings per share $0.67.Q3 GAAP earnings per share $0.50.Q3 sales $1.5 billion versus I/B/E/S view $1.52 billion.Lowers FY 2017 adjusted earnings per share view to $2.70 to $2.80.Q3 earnings per share view $0.77 -- Thomson Reuters I/B/E/S.Lowers Q4 adjusted earnings per share view to $0.91 to $1.01.Sees Q3 2017 earnings per share $0.50.Treehouse Foods Inc - ‍Announces $400 million share repurchase authorization representing approximately 10% of shares outstanding​.‍Treehouse announces $400 million share repurchase authorization representing approximately 10% of shares outstanding​.FY2017 earnings per share view $3.18 -- Thomson Reuters I/B/E/S.Treehouse Foods - On track for phase 1 of 2020 restructuring program, consists of closure of two manufacturing facilities and downsizing of another​.  Full Article

Treehouse Foods reports Q2 GAAP loss per share $0.60
Thursday, 3 Aug 2017 06:58am EDT 

Aug 3 (Reuters) - Treehouse Foods Inc :Treehouse Foods, Inc. reports second quarter 2017 results and revises full year guidance; company launches treehouse 2020 restructuring program.Sees Q3 adjusted earnings per share $0.75 to $0.83.Q2 adjusted earnings per share $0.51.Q2 GAAP loss per share $0.60.Q2 sales $1.522 billion versus I/B/E/S view $1.54 billion.Q2 earnings per share view $0.49 -- Thomson Reuters I/B/E/S.Lowers FY adjusted earnings per share view to $3.15 to $3.30.Treehouse Foods Inc - ‍Company launches Treehouse 2020 restructuring​.Treehouse Foods Inc sees FY 2017 ‍GAAP earnings per fully diluted share guidance range of $1.92 to $2.07​.Treehouse Foods Inc - Revises full year guidance and issues Q3 earnings per fully diluted share guidance of $0.75 to $0.83​.Treehouse Foods Inc - ‍2020 restructuring program will target a 300 basis point operating margin improvement by end of 2020​.Treehouse Foods Inc says key elements of phase 1 actions of 2020 restructuring plan include closure of two manufacturing facilities.Treehouse Foods Inc - ‍recovery in quarter has been slower than originally anticipated​.Treehouse Foods Inc says expects that restructuring charges associated with closer of three facilities will total $44.5 million.Says ‍2020 restructuring plan will be executed in multiple phases over next several years​.Treehouse Foods Inc says ‍expects that restructuring charges associated with three facilities will total $44.5 million​.  Full Article

Treehouse Foods appoints Robert Aiken Jr. president and chief operating officer
Tuesday, 13 Jun 2017 09:01am EDT 

June 13 (Reuters) - Treehouse Foods Inc -:Treehouse Foods Inc announces the appointment of Robert B. Aiken, Jr. as president and chief operating officer.Treehouse Foods Inc says aiken will assume president's role from dennis f. Riordan, who had previously announced his retirement.  Full Article

TreeHouse Foods to sell soup, infant feeding business
Tuesday, 25 Apr 2017 06:55am EDT 

April 25 (Reuters) - TreeHouse Foods Inc ::TreeHouse Foods Inc announces definitive agreement to sell soup and infant feeding business to an affiliate of insight equity.TreeHouse Foods Inc - transaction will have a negligible impact on ongoing operating income of TreeHouse Foods.TreeHouse Foods Inc - financial terms of sale were not disclosed.Transaction will have a negligible impact on ongoing operating income of TreeHouse Foods.TreeHouse Foods Inc- financial terms of sale were not disclosed.TreeHouse Foods Inc - will retain its tetra aseptic carton business, which includes broth and other products that are produced in another location.TreeHouse Foods Inc- approximately 400 hourly and 60 salaried employees will transition from treehouse foods to Riverbend.  Full Article

Treehouse Foods CFO Dennis Riordan to retire
Thursday, 4 Aug 2016 08:03am EDT 

Treehouse Foods Inc : Treehouse foods cfo dennis riordan to retire . Treehouse foods cfo dennis riordan to retire . Has initiated an executive search to identify a new cfo, and riordan will be an active participant in search process .Riordan will remain with company to provide a smooth transition of his responsibilities.  Full Article

Treehouse Foods Q2 adj earnings per share $0.54 excluding items
Thursday, 4 Aug 2016 08:01am EDT 

Treehouse Foods Inc : Treehouse foods, inc. Reports second quarter 2016 results . Q2 gaap earnings per share $0.27 . Q2 adjusted earnings per share $0.54 excluding items . Q2 earnings per share view $0.54 -- Thomson Reuters I/B/E/S . Sees Q3 gaap and adjusted earnings per share $0.75 to $0.80 . Reaffirms full year 2016 EPS guidance and provides q3 2016 outlook . Q3 earnings per share view $0.80 -- Thomson Reuters I/B/E/S .Fy2016 earnings per share view $3.07 -- Thomson Reuters I/B/E/S.  Full Article

Treehouse Foods appoints Linda Massman to board of directors
Friday, 29 Jul 2016 08:00am EDT 

Treehouse Foods Inc : Appoints Linda Massman to the board of directors .Has expanded its board from eight to nine members with appointment of Linda Massman.  Full Article

Treehouse Foods to close two manufacturing plants
Tuesday, 24 May 2016 05:00pm EDT 

Treehouse Foods Inc : Treehouse foods announces plans to close Azusa, CA and Ripon, WI facilities . Azusa, California facility has approximately 660 employees . Treehouse Foods Inc says full facility closure and end of production at Azusa is expected to occur in Q2 of 2017 . Total costs to close Azusa and Ripon facilities are expected to be approximately $17.0 million, or $0.19 per fully diluted share . Treehouse Foods Inc says full facility closure and end of production at Ripon is expected to occur in q4 of 2016 . Does not expect supply disruptions during transition. . Expects approximately $1.1 million of charges to be incurred in Q2 of this year . After evaluating various options, company has decided to discontinue sugar wafer products due to declining demand . Full facility closure and end of production at Ripon is expected to occur in Q4 of 2016 .Expects approximately charges of $4.0 million on a quarterly basis beginning in Q3 of 2016 through Q2 of 2017.  Full Article

BRIEF-Robert Aiken resigns as president of Treehouse Foods Co

* Robert Aiken resigns as president of Treehouse Foods; company to initiate chief executive officer search