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Stock impact report

TreeHouse Foods' (THS) Prudent Buyouts Help Navigate Challenges [Yahoo! Finance]

Treehouse Foods, Inc. (THS) 
Last treehouse foods, inc. earnings: 2/13 06:55 am Check Earnings Report
US:NYSE Investor Relations: treehousefoods.gcs-web.com/node/5806
Company Research Source: Yahoo! Finance
inflationary pressures and general economic concerns among consumers. Apart from this, TreeHouse Foods has been incurring high operating expenses. However, the company's TMOS initiatives and focus on refining its portfolio have been offering respite. Hurdles on THS' Path In the fourth quarter of 2023, TreeHouse Foods' sales declined 4.8% to $910.8 million due to the adverse volume/mix in the company's retail business. This stemmed from supply-chain hurdles at one of the company's broth facilities and in its pretzels and cookies categories. Planned distribution exits, mainly in the in-store bakery and coffee categories, also led to the sales decline. Additionally, the gross margin of 16.7% contracted 1.6 percentage points from the year-ago quarter's figure, mainly due to supply-chain hurdles, adverse fixed cost absorption due to soft volumes and elevated costs related to the maintenance of labor and manufacturing plants. The prevailing macroeconomic hurdles have led to a decrea Show less Read more
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