TreeHouse Foods reports Q3 sales down 2.8% to $839.1M, shares drop 16%, citing recalls and hurricanes.

TreeHouse Foods reported a third-quarter sales decline of 2.8% to $839.1 million, missing expectations due to a product recall, hurricane-related issues, and price adjustments. The company's shares fell by 16%. For Q4, TreeHouse forecasts sales between $900 million and $930 million, with 2024 sales expected to drop by 1% to 2% from the previous year, reflecting softer consumer trends and the recall impact.

November 12, 2024
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