Brief: Treehouse Foods Inc Narrows Fiscal Year 2023 Adjusted EBITDA Guidance To $355 Million To $370 Million

TreeHouse Foods

13/06/2023 11:58

June 13 (Reuters) - TreeHouse Foods Inc  THS.N :
    * REAFFIRMS Q2 GUIDANCE; RAISES AND NARROWS FISCAL YEAR 2023
ADJUSTED EBITDA GUIDANCE TO $355 MILLION TO $370 MILLION
    * COMPANY TARGETS OVER $250 MILLION OF COST SAVINGS THROUGH
2024
TO 2027
    * SEES 2024 THROUGH 2027 3-5% REVENUE GROWTH
    * SEES REVENUE FOR FIRST HALF OF YEAR BETWEEN $1.705 BILLION
AND
$1.735 BILLION
    * SEES 8-10% ADJUSTED EBITDA GROWTH FOR  2024 THROUGH 2027
    * Q2 REVENUE VIEW $830.5 MILLION -- REFINITIV IBES DATA
    * FY2023 REVENUE VIEW $3.70 BILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nPn3kVpxLa 
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