TreeHouse Foods is enhancing supply chain efficiency with TMOS and pricing adjustments for long-term growth despite short-term challenges.
TreeHouse (THS) reported earnings 30 days ago. What's next for the stock?
TreeHouse Foods' (THS) Q2 results reflect declines in sales and earnings on lower volumes. Management lowers the upper end of its adjusted EBITDA guidance for 2024.
TreeHouse Foods, Inc. (NYSE:THS ) Q2 2024 Earnings Conference Call August 5, 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 Matt Smith - Stifel Robert Moskow - TD Cowen Carla Casella - J.P. Morgan & Chase William Reuter - Bank of America Jack Crawford - Truist Sec CIB Jim Salera - Stephens, Inc. Operator Welcome to the TreeHouse Foods', Second Quarter 2024 Conference Call.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
TreeHouse Foods (THS) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.42 per share a year ago.
TreeHouse Foods' (THS) Q2 results are likely to reflect challenges such as the restart of the broth facility, along with the lag in pricing adjustments to counter cocoa inflation.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
TreeHouse Foods' (THS) efforts to enhance product offerings, improve supply chain efficiency, and execute growth plans bode well for its future prospects.
TreeHouse Foods (THS) remains committed to implementing TMOS and other supply-chain initiatives to enhance execution and margins.
TreeHouse (THS) reported earnings 30 days ago. What's next for the stock?
TreeHouse Foods (THS) benefits from strength in private-label groceries and a focus on TMOS and other supply-chain efforts amid cost inflation and near-term hurdles.