Tue, May 6, 8:24 PM (9 days ago)
**TreeHouse Foods, Inc. (THS) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $792.0 million (down 3.5% YoY) - **Profit Margins:** Gross margin improved to 14.5% from 13.6% YoY. - **Operating Loss:** $5.5 million (slightly worse than $5.2 million YoY) - **Net Loss:** $31.8 million (wider than $11.7 million YoY) - **Cash Flow:** Net cash used in operating activities was $53.5 million (up slightly from $52.4 million YoY) **Key Metrics & Trends:** - **EBITDA:** $14.3 million (down from $32.9 million YoY) - **Adjusted EBITDA:** $57.5 million (up 25% YoY) - **Net Sales Decrease:** Primarily due to margin management, macroeconomic trends, and service impacts from the griddle recall. - **Operating Expenses:** Increased by $3.5 million due to restructuring costs. - **Other Expenses:** Increased by $28.0 million, mainly due to hedging activities and interest expense. **Notable Events & Uncertainties:** - **Restructuring:** Ongoing to improve efficiency and profitability. - **Facility Closures:** New Hampton, Iowa, and other facilities closed to optimize manufacturing. - **Debt Refinancing:** Completed in January 2025, extending maturities and adjusting sizes of term loans. - **Acquisitions:** Completed the acquisition of Harris Tea, aligning with long-term strategy. - **Recalls:** Griddle product recall impacted sales volumes and costs. - **Macroeconomic Conditions:** Inflation and economic uncertainty may affect consumer spending and input costs. **Future Operations Impact:** - **Cost Savings:** Expected from restructuring and facility closures. - **Debt Obligations:** Managed through refinancing and interest rate swaps. - **Acquisitions:** Continued focus on higher-growth, higher-margin categories. - **Recall Recovery:** Ongoing efforts to resume full production capacity and recover costs. **Ticker:** THS