Treehouse Foods Surges: Sales Up, Big Plans Ahead

Treehouse Foods Inc. Reports Strong Growth in 2023 and Strategic Investments

Treehouse Foods Inc. (THS) has announced its financial results for the fourth quarter and full year of 2023, revealing a year of growth and strategic investments. The company reported a 4% increase in annual net sales and an impressive 25% rise in adjusted EBITDA. Additionally, Treehouse returned $100 million to shareholders through share repurchases. Looking ahead to 2024, the company foresees continued growth, with projected net sales between $3.43 billion and $3.5 billion, reflecting up to 2% growth. Adjusted EBITDA is expected to fall between $360 million and $390 million.