TreeHouse Foods rises on cost-reduction actions

TreeHouse Foods

11/04/2025 15:54

** Shares of food processing company TreeHouse Foods THS.N rise 8.9% to $23.58

** THS says it is implementing cost-savings actions to enhance profitability and cash flow, while improving quality and service levels

** Co says Scott Tassani, executive vice president, business president and chief commercial officer, will leave the organization effective May 30 and roles will be eliminated

** Separately, co posts preliminary Q1 2025 results of at least $792 mln of adjusted net sales and at least $52 mln of adjusted EBITDA

** Co had posted net sales of $820.7 million and adjusted EBITDA of $46 million in Q1 2024

** Co's forecasts 2025 adjusted annual net sales in range of $3.34 billion to $3.40 billion

** Stifel says THS provided a tariff update with only 5% of sales occurring outside U.S. and nearly all finished goods comply with U.S.-Mexico-Canada Agreement, suggesting minimal impact

** Up to last close, stock has fallen 33.1% YTD

(Reporting by Siddhi Mahatole)

((siddhi.mahatole@thomsonreuters.com))