Treehouse Foods Expects FY24 Revenues Between $3.43B-$3.50B Vs. $3.56B Estimate, Expects Q1 Net Sales Between $780M-$810M Vs. $887.38M Estimate
Portfolio Pulse from Benzinga Newsdesk
Treehouse Foods projects its FY24 revenues to range from $3.43B to $3.50B, falling short of the $3.56B estimate. For Q1, it anticipates net sales between $780M and $810M, below the expected $887.38M.
February 16, 2024 | 12:17 pm
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NEGATIVE IMPACT
Treehouse Foods expects lower FY24 revenues and Q1 net sales than market estimates.
Treehouse Foods' projection of lower revenues for FY24 and Q1 sales below market estimates could lead to negative investor sentiment and a potential short-term decrease in stock price. The significant deviation from expected figures highlights potential challenges in the company's operations or market conditions.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100