secwatch.observer — SEC 8-K summary
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Issuer:     TreeHouse Foods, Inc. (—)
CIK:        0001320695
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0001320695-24-000085
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TreeHouse Foods Q1 net sales $820.7M above guidance; net loss $11.7M
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- Net sales $820.7M (beat guidance of $780-810M); net loss $11.7M vs net income $20.4M a year ago.
- Adjusted EBITDA $46.0M (guidance $45-55M), down from $91.3M in Q1 2023; broth facility restart hurt profitability.
- Reaffirmed FY2024 net sales guidance $3.43-3.50B, adjusted EBITDA $360-390M, free cash flow >= $130M.
- Repurchased ~$44M of common shares during Q1; $122.8M remaining under buyback authorization.
- Q2 guidance: net sales $770-800M, adjusted EBITDA $55-65M; expects sequential improvement in H2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1320695/000132069524000085/0001320695-24-000085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1320695/000132069524000085/ths-20240506.htm
  HTML page:      https://secwatch.observer/filing/0001320695-24-000085

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