TreeHouse Foods (THS) stock tumbles on discouraging FQ4 sales and outlook

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TreeHouse Foods, Inc. Reports Fourth Quarter and Full Year 2023 Results

February 16, 2024 6:55 AM EST

TreeHouse delivered strong improvement in fiscal year 2023 results:Net sales of $3,431.6 million increased by 4.1% versus the prior yearNet income from continuing operations of $59.0 million increased by $68.2 million versus the prior yearAdjusted EBITDA1 of $365.9 million increased by $74.2 million versus the prior yearFourth quarter results were in-line with guidance:Net sales of $910.8 millionNet income from continuing operations of $6.4 millionAdjusted EBITDA1 of $108.4... More