TreeHouse Foods (THS) Stock

THS is struggling with slowing consumer consumption and a shrinking private brand market, which is hindering its growth.

THS Q3 results show top-line pressures from the voluntary griddle recall and lower volume/mix, with significant margin improvements and y/y bottom-line growth.

TreeHouse Foods, Inc.'s shares dropped 16.7% due to weak Q3 results, impacted by a product recall and challenging economic conditions affecting consumer spending. Despite the setbacks, the recall's long-term impact is limited, and the stock remains undervalued compared to peers, justifying a 'buy' rating. Management revised revenue and cash flow guidance downward, but remains optimistic about long-term growth targets and market share gains in private brands.

TreeHouse Foods, Inc. (NYSE:THS ) Q3 2024 Earnings Conference Call November 12, 2024 8:30 AM ET Company Participants Matt Siler - Investor Relations Steven Oakland - Chairman, Chief Executive Officer and President Patrick O'Donnell - Executive Vice President and Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Jim Salera - Stephens Inc. Jon Andersen - William Blair Robert Dickerson - Jefferies Matthew Smith - Stifel William Reuter - Bank of America Carla Casella - JPMorgan Operator Welcome to the TreeHouse Foods', Third Quarter 2024 Conference Call. All participants will be in listen-only mode.

OAK BROOK, Ill. , Oct. 22, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE: THS) is expanding its voluntary recall to include all products manufactured at one facility and still within their shelf-life.

OAK BROOK, Ill. , Oct. 18, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE: THS) is voluntarily recalling certain frozen waffle products listed below due to the potential to be contaminated with Listeria monocytogenes.

THS' transformation journey is poised for success as it focuses on strengthening its presence in the snacking and beverage sectors.

TreeHouse Foods boosts market presence with private label growth, strategic acquisitions, snacking and beverage expansion, and supply chain improvements.

TreeHouse Foods is enhancing supply chain efficiency with TMOS and pricing adjustments for long-term growth despite short-term challenges.