TreeHouse Foods, Inc. (THS), a food processing company, Thursday reported net loss of $2.9 million or $0.06 per share for the second quarter, lower than $16.7 million or $0.32 per share loss in the same quarter a year ago.
Excluding one-time items, the company posted adjusted earnings of $8.8 million or $0.17 per share, that beat the analysts' average estimate of $0.12 per share. Analysts' estimates typically exclude special items.
Operating income was $27.3 million compared with operating loss of $4 million last year.
Net sales grew 1.2% to $798 million from $788.5 million in the previous year. The consensus estimate was for $788.14 million.
For the full year, the company has raised its adjusted sales guidance. It now expects annual adjusted net sales of $3.360 billion - $3.415 billion, up from the previous outlook of $3.34 billion - $3.40 billion. The Street is looking for revenue of $3.36 billion for the year.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.