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EXCHANGE: New York Stock Exchange

TreeHouse Foods, Inc. is a manufacturer of packaged foods and beverages with a network of manufacturing facilities across the United States, Canada, and Italy that focuses primarily on private label products for both retail grocery and food away from home customers. We manufacture shelf stable, refrigerated, frozen and fresh products, including beverages (single serve beverages, coffees, teas, creamers, powdered beverages, and smoothies); meals (cereal, pasta, macaroni and cheese, and side dishes); baked goods (refrigerated and frozen dough, cookies, and crackers); condiments (pourable and spoonable dressing, dips, pickles, and sauces) and snacks (nuts, trail mix, bars, dried fruits, and vegetables). We have a comprehensive offering of packaging formats and flavor profiles, and we also offer natural, organic, and preservative free ingredients in many categories. Our strategy is to be the leading supplier of private label food and beverage products by providing the best balance of quality and cost to our customers.


http://www.treehousefoods.com/

TreeHouse Foods, Inc. Reports Third Quarter 2017 Results, Revises Full Year Guidance and Announces a $400 Million Share Repurchase
HIGHLIGHTS
- Third quarter 2017 earnings per fully diluted share decreased to $0.50 compared to earnings of $0.65 in 2016
- Third quarter 2017 adjusted earnings per fully diluted share was $0.67, $0.03 below third quarter 2016
- Third quarter 2017 net sales decreased 2.4% compared to the same period last year, more than explained by disposition-related decreases of 2.9%
- TreeHouse lowers full year guidance and issues fourth quarter earnings per fully diluted share guidance of $0.91 to $1.01
- TreeHouse announces $400 million share repurchase authorization representing approximately 10% of shares outstanding
OAK BROOK, Ill., Nov. 2, 2017 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE: THS) today reported third quarter GAAP earnings per fully diluted share of $0.50 compared to GAAP earnings of $0.65 reported for the third quarter of 2016. The Company reported adjusted earnings per fully diluted share1 for the third quarter of $0.67 compared to adjusted earnings of $0.70 for the third quarter of 2016.


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