Earlier Today, TreeHouse Foods Updated 2023 Guidance, Adjusted Net Sales To $3.435B-$3.465B (Prior Sales View $3.71B-$3.78B), Consensus $3.74B
Portfolio Pulse from Benzinga Newsdesk
TreeHouse Foods has revised its 2023 guidance, adjusting its net sales forecast to $3.435B-$3.465B, down from the previous estimate of $3.71B-$3.78B. The consensus estimate was $3.74B.
November 06, 2023 | 4:30 pm
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NEGATIVE IMPACT
TreeHouse Foods has lowered its 2023 net sales forecast, which is now below the consensus estimate. This could negatively impact investor sentiment.
TreeHouse Foods' downward revision of its 2023 net sales forecast, which is now below the consensus estimate, could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100