TreeHouse Foods, Inc. (THS) posted a second quarer net loss from continuing operations of $16.7 million, compared to net income from continuing operations of $22.4 million, previous year. Loss per share from continuing operations was $0.32 compared to profit of $0.39. Adjusted profit per share was $0.29 compared to $0.43. On average, eight analysts polled by Thomson Reuters expected the company to report profit per share of $0.13, for the quarter. Analysts' estimates typically exclude special items.
Net sales for the second quarter was $788.5 million compared to $803.5 million, last year, a decrease of 1.9%. Analysts on average had estimated $783.65 million in revenue.
The company reaffirmed 2024 outlook for net sales of $3.43 to $3.50 billion and free cash flow of at least $130 million; and narrowed adjusted EBITDA outlook of $360 to $380 million.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.