Treehouse Foods (THS) Tops Q2 EPS by 9c
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TreeHouse Foods, Inc. Reports Second Quarter 2022 Results
August 8, 2022 6:55 AM EDTStrong Net Sales Growth of 19.4% Fueled by Pricing of 17.7% and Volume Improvement of 2.1%
Snacking & Beverages Division Delivered 9.0% Volume/Mix Growth in the Quarter, Supported by the Acceleration in Private Label Demand
Raises Fiscal 2022 Net Sales Guidance to Mid-to-High Teens Growth, Largely Driven by Pricing Actions to Recover Inflation; Reaffirms Adjusted EBITDA Guidance
HIGHLIGHTS
Net loss from continuing operations was $(30.6) million or (2.6)% for the second quarter of 2022.Adjusted EBITDA from continuing operations1 was $66.5 million or 5.6% for the second quarter... More