TreeHouse Foods Q3 Earnings Meet, View Cut on Weak Consumption Trends
TreeHouse(THS) ZACKS·2024-11-14 03:00
TreeHouse Foods, Inc. (THS) reported mixed third-quarter fiscal 2024 results. The bottom line improved year over year and matched the Zacks Consensus Estimate, while the top line declined and missed the same. Management lowered its 2024 adjusted net sales and adjusted EBITDA guidance, indicating softer consumer demand and a voluntary recall of frozen griddle products.TreeHouse Foods identified potential contamination during routine product testing and initiated a voluntary recall of the frozen griddle produ ...