Edition:
United States

TreeHouse Foods Inc (THS.N)

THS.N on New York Stock Exchange

53.50USD
20 Nov 2018
Change (% chg)

$0.71 (+1.34%)
Prev Close
$52.79
Open
$52.50
Day's High
$53.76
Day's Low
$52.50
Volume
183,157
Avg. Vol
217,244
52-wk High
$55.60
52-wk Low
$36.36

Latest Key Developments (Source: Significant Developments)

Treehouse Foods Inc Delivers Third Quarter 2018 Results
Thursday, 1 Nov 2018 06:55am EDT 

Nov 1 (Reuters) - TreeHouse Foods Inc ::TREEHOUSE FOODS, INC. DELIVERS THIRD QUARTER 2018 RESULTS ABOVE GUIDANCE AND NARROWS FULL YEAR GUIDANCE RANGE.Q3 ADJUSTED EARNINGS PER SHARE $0.62.Q3 EARNINGS PER SHARE $0.10.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $2.05 TO $2.25.SEES Q4 EARNINGS PER SHARE $0.88 TO $1.08.Q3 SALES $1.394 BILLION VERSUS I/B/E/S VIEW $1.44 BILLION.SEES Q3 2018 ADJUSTED EARNINGS PER SHARE $0.62.Q3 EARNINGS PER SHARE VIEW $0.55 -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $2.15 -- THOMSON REUTERS I/B/E/S.  Full Article

TreeHouse Foods CEO's 2017 Compensation Was $7.8 Mln Versus $8.5 Mln In 2016
Monday, 5 Mar 2018 05:12pm EST 

March 5 (Reuters) - TreeHouse Foods Inc ::TREEHOUSE FOODS INC CEO SAM K. REED'S 2017 TOTAL COMPENSATION WAS $7.8 MILLION VERSUS $8.5 MILLION IN 2016 – SEC FILING‍​.  Full Article

Treehouse Foods Announces Appointment Of Steve Oakland As Chief Executive Officer
Monday, 5 Mar 2018 06:56am EST 

March 5 (Reuters) - Treehouse Foods Inc ::TREEHOUSE FOODS ANNOUNCES THE APPOINTMENT OF STEVE OAKLAND AS CHIEF EXECUTIVE OFFICER.TREEHOUSE FOODS INC - SAM K. REED TO TRANSITION TO NON-EXECUTIVE CHAIRMAN UNTIL HIS RETIREMENT ON JULY 1, 2018.TREEHOUSE FOODS INC - ‍ OAKLAND SUCCEEDS SAM REED, CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER OF TREEHOUSE FOODS​.TREEHOUSE FOODS INC - OAKLAND WAS MOST RECENTLY VICE CHAIR AND PRESIDENT, U.S. FOOD AND BEVERAGE AT J.M. SMUCKER COMPANY.  Full Article

Treehouse Foods Announces Plans To Close Facility In Visalia, Calif.
Thursday, 15 Feb 2018 06:56am EST 

Feb 15 (Reuters) - Treehouse Foods Inc ::TREEHOUSE FOODS ANNOUNCES PLANS TO CLOSE FACILITY IN VISALIA, CALIF..TREEHOUSE FOODS INC - ANNOUNCED INTENTION TO CLOSE ITS FACILITY IN VISALIA, CALIFORNIA BY END OF Q1 OF 2019.TREEHOUSE FOODS INC - CLOSURE OF FACILITY IN VISALIA WILL AFFECT APPROXIMATELY 294 EMPLOYEES.TREEHOUSE FOODS INC - COSTS TO CLOSE VISALIA FACILITY EXPECTED TO BE APPROXIMATELY $21 MILLION, OF WHICH APPROXIMATELY $8 MILLION IS EXPECTED TO BE IN CASH.TREEHOUSE FOODS INC - EXPECTS CHARGES OF APPROXIMATELY $0.28 PER FULLY DILUTED SHARE TO BE INCURRED IN 2018 REALTED TO THE CLOSING.  Full Article

TreeHouse Foods Q4 Adjusted Earnings Per Share $1.02
Thursday, 15 Feb 2018 06:55am EST 

Feb 15 (Reuters) - Treehouse Foods Inc ::TREEHOUSE FOODS, INC. REPORTS FOURTH QUARTER 2017 RESULTS, PROVIDES 2018 GUIDANCE; COMPANY ANNOUNCES SG&A REDUCTION TARGET OF $30 MILLION IN 2018; $55 MILLION RUN RATE EXPECTED AT THE END OF 2018.Q4 ADJUSTED EARNINGS PER SHARE $1.02.Q4 GAAP LOSS PER SHARE $5.40.Q4 SALES FELL 4.3 PERCENT TO $1.7 BILLION.SEES Q4 2017 ADJUSTED EARNINGS PER SHARE $1.02.SEES FY 2018 EARNINGS PER SHARE $2.00 TO $2.40 EXCLUDING ITEMS.SEES Q4 2017 LOSS PER SHARE $5.40.PLANS TO REDUCE SALARIED HEADCOUNT ACROSS ORGANIZATION BY MID-YEAR 2018.Q4 EARNINGS PER SHARE VIEW $0.93, REVENUE VIEW $1.69 BILLION -- THOMSON REUTERS I/B/E/S.NET SALES ARE EXPECTED TO DECREASE IN 2018 TO APPROXIMATELY $5.9 TO $6.1 BILLION.IN QUARTER, ‍COMPANY RECORDED IMPAIRMENT LOSSES OF $276.4 MILLION RELATED TO SNACKS SEGMENT'S GOODWILL​.EXPECTS SAVINGS IN 2018 TO TOTAL ABOUT $30 MILLION, WITH A RUN RATE IMPACT OF $55 MILLION EXITING.‍IN REGARD TO Q1 OF 2018, COMPANY EXPECTS EARNINGS IN RANGE OF $0.10 TO $0.20 PER FULLY DILUTED SHARE​.  Full Article

TreeHouse Foods Announces Plans To Complete Facility Closure In Battle Creek, Mich.
Wednesday, 31 Jan 2018 06:58am EST 

Jan 31 (Reuters) - TreeHouse Foods Inc ::TREEHOUSE FOODS ANNOUNCES PLANS TO COMPLETE FACILITY CLOSURE IN BATTLE CREEK, MICH..TREEHOUSE FOODS INC - CURRENT PRODUCTION AT BATTLE CREEK WILL BE MOVED TO OTHER TREEHOUSE CEREAL MANUFACTURING FACILITIES.TREEHOUSE FOODS INC - EXPECTS CHARGES OF APPROXIMATELY $0.38 PER FULLY DILUTED SHARE TO BE INCURRED IN 2018.TREEHOUSE FOODS - COSTS TO CLOSE REMAINDER OF BATTLE CREEK FACILITY ARE EXPECTED TO BE ABOUT $30 MILLION OF WHICH ABOUT $20 MILLION IS EXPECTED TO BE IN CASH.TREEHOUSE FOODS INC - CLOSURE OF REMAINING OPERATIONS AT BATTLE CREEK WILL AFFECT APPROXIMATELY 84 EMPLOYEES BY Q4 OF 2018.  Full Article

Treehouse Foods Successfully Completes Amendment To Credit Agreement
Tuesday, 5 Dec 2017 07:59am EST 

Dec 5 (Reuters) - Treehouse Foods Inc ::TREEHOUSE FOODS SUCCESSFULLY COMPLETES AMENDMENT TO CREDIT AGREEMENT.TREEHOUSE FOODS INC - HAS EXECUTED AN AMENDMENT AND EXTENSION OF ITS EXISTING SENIOR UNSECURED CREDIT FACILITY, EFFECTIVE DECEMBER 1, 2017.TREEHOUSE FOODS INC - AS AMENDED, SENIOR UNSECURED CREDIT FACILITY NOW INCLUDES A REVOLVING CREDIT FACILITY AND TWO TERM LOANS.TREEHOUSE FOODS INC - AMENDMENT RESIZES REVOLVER FROM $900 MILLION TO $750 MILLION DUE 2023.TREEHOUSE FOODS INC - AMENDED CREDIT FACILITY HAS $1.65 BILLION OF CREDIT MATURING IN 2023 AND $500 MILLION OF CREDIT MATURING IN 2025.  Full Article

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