Oak Brook / IL. (thf) TreeHouse Foods Inc. reported financial results for the first quarter of 2024. «We’re encouraged by our solid start to fiscal 2024, delivering net sales results above our expectations. We are building momentum with our commercial pipeline, the largest in recent history, with good progress closing opportunities. I believe this puts TreeHouse in a strong position to deliver our annual net sales commitment,» said Steve Oakland, Chairman, Chief Executive Officer, and President.
«While the downtime at our broth facility impacted first quarter profitability, restart of that facility coupled with our meaningful supply chain savings initiatives position us well to expand margin through the rest of the year and deliver our full year profitability guidance. I am pleased with the focus throughout the Company and continue to see a long runway for growth as we invest in opportunities to strengthen capabilities and depth in our higher growth, higher margin snacking and beverage categories. I look forward to updating you on our progress throughout the remainder of 2024.»
For additional information please read the company’s PDF file below (145 KB):
20240507-TREEHOUSE-Q12024.