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Friday, May 4, 2018

-=Treehouse Foods (THS) reported earnings on Thur 3 May 2018 (b/o)


HIGHLIGHTS

- First quarter 2018 loss per fully diluted share was $(0.60) compared to income of $0.49 for the same period in 2017.

- First quarter 2018 adjusted earnings per fully diluted share was $0.18, $(0.43) below first quarter 2017.

- First quarter 2018 net sales decreased (3.6)% compared to the same period last year.

- First quarter 2018 net sales increased 1.9% compared to the same period last year, excluding the impact of the Soup and Infant Feeding ("SIF") divestiture (2.8)% and SKU rationalization (2.7)%.

- TreeHouse reaffirms 2018 guidance range for adjusted earnings per fully diluted share of $2.00 to $2.40.

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