TreeHouse Foods, Inc. (THS) is trading higher, up 23.49 percent at $23.31 on Monday, after reporting a significantly wider third-quarter net loss and announcing that Investindustrial will acquire it for $2.9 billion.
A year ago, the company reported a net loss of $3.4 million, or $0.07 per share; this year, it reported a loss of $265.8 million, or $5.26 per share. The adjusted profit per share missed analyst expectations of $0.56, dropping from $0.74 to $0.43. At $840.3 million, net sales were virtually unchanged.
THS closed at $19.05. It is currently trading at $23.14. With a volume of 6.86 million compared to an average of 0.89 million, the stock opened at $23.08 and has since fluctuated between $22.95 and $24.05.
The 52-week trading range for the company is $15.85 to $40.77.
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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.