Treehouse Foods (THS) Tops Q4 EPS by 9c, FY18 Guidance Misses
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TreeHouse Foods, Inc. Reports Fourth Quarter 2017 Results, Provides 2018 Guidance; Company Announces SG&A Reduction Target of $30 Million in 2018; $55 Million Run Rate Expected at the end of 2018
February 15, 2018 6:55 AM ESTOAK BROOK, Ill., Feb. 15, 2018 /PRNewswire/ --Â TreeHouse Foods, Inc. (NYSE: THS) today reported fourth quarter GAAP loss per fully diluted share of $(5.40) compared to GAAP loss of $(4.96) reported for the fourth quarter of 2016. The Company reported adjusted earnings per fully diluted share1 for the fourth quarter of $1.02 compared to adjusted earnings of $1.14 for the fourth quarter of 2016.
"Our cash flow delivery continues to be robust, and although our fourth quarter earnings were in line with our expectations, our operational results were disappointing," said Sam K. Reed, Chairman, Chief Executive... More
