Treehouse Foods (THS) Tops Q1 EPS by 28c; Reaffirms Outlook

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TreeHouse Foods, Inc. Reports First Quarter 2023 Results

May 8, 2023 6:55 AM EDT

First Quarter Exceeds Expectations, Demonstrating Improved Execution Across More Focused Portfolio

TreeHouse Reaffirms 2023 Net Sales and Adjusted EBITDA Guidance

HIGHLIGHTS

Net sales of $894.8 million increased 15.8% compared to the same period in 2022.

Earnings (loss) per diluted share from continuing operations was $0.34 compared to $(0.25) for the same period in 2022.

Adjusted earnings per diluted share from continuing operations1 was $0.68 compared to $(0.16) for the same period in 2022.

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