TreeHouse Foods Expects Q3 Net Sales Of $865M - $895M, Which Represents Flat To 4% Growth Y/Y; Est $887.08M
Portfolio Pulse from Benzinga Newsdesk
TreeHouse Foods expects Q3 net sales between $865M and $895M, representing flat to 4% growth year-over-year. Organic volume and mix are expected to increase slightly, while pricing remains flat. Adjusted EBITDA from continuing operations is projected to be between $98M and $108M, influenced by a timing shift in favorable freight costs.
August 05, 2024 | 11:06 am
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TreeHouse Foods projects Q3 net sales of $865M-$895M, indicating flat to 4% growth year-over-year. Adjusted EBITDA is expected to be between $98M and $108M, influenced by a timing shift in favorable freight costs.
The projected net sales and adjusted EBITDA indicate stable to positive growth for TreeHouse Foods. The flat pricing and slight increase in organic volume and mix suggest steady demand. The timing shift in favorable freight costs also positively impacts the adjusted EBITDA forecast.
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