TreeHouse Foods Q4 Earnings Miss Estimates

TreeHouse Foods reported mixed results for the fourth quarter of 2024, with earnings of $0.95 per share missing the Zacks Consensus Estimate of $0.97, despite a year-over-year increase from $0.77 per share. The company's revenue slightly declined to $905.7 million, marginally surpassing some expectations but falling short of others. Challenges such as a voluntary recall, operational disruptions, and a difficult macroeconomic environment influenced these results. Notably, TreeHouse's net income rose significantly to $58.7 million from $7.5 million the previous year, aided by improved gross profit margins from supply chain savings and lower commodity costs. Moving forward, TreeHouse has provided a cautious outlook for 2025, projecting adjusted sales below Wall Street's estimates. The company is implementing strategic initiatives to reorganize and shed underperforming business segments while focusing on margin management and operational efficiencies.