Company: THS
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001320695-25-000007
Chunk: 90

Company: TreeHouse Foods, Inc.
Filing Date: 2025-02-14
Form: 10-K
Item: Item 7
Chunk 90
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 restructuring programs & other, including accelerated depreciation(2)— (1.9)1.9 (26.7)28.6 — — 28.6 Impairment(3)— — — (19.3)19.3 — — 19.3 Acquisition, integration, divestiture, and related costs(4)— (2.0)2.0 (6.9)8.9 — — 8.9 Foreign currency loss on remeasurement of intercompany notes(5)— — — — — (7.0)— 7.0 Mark-to-market adjustments(6)— — — — — 6.7 — (6.7)Taxes on adjusting items— — — — — — 24.6 (24.6)As adjusted (Non-GAAP)$3,377.3 $2,783.9 $593.4 $392.4 $201.0 $69.7 $30.8 $100.5 As reported (% of net sales)16.4 %13.3 %3.1 %2.1 %0.2 %0.8 %As adjusted (% of adjusted net sales)17.6 %11.6 %6.0 %2.1 %0.9 %3.0 %Earnings per share from continuing operations:Diluted$0.51 Adjusted diluted$1.91 Weighted average common shares: Diluted for net income from continuing operations52.6Diluted for adjusted net income from continuing operations52.6

41

Year Ended December 31, 2023(Unaudited, in millions, except per share amounts)Net salesCost of salesGross profitTotal operating expensesOperating incomeTotal other expenseIncome tax expenseNet income from continuing operationsAs reported (GAAP)$3,431.6 $2,855.5 $576.1 $429.2 $146.9 $63.5 $24.4 $59.0 Adjustments:Product recalls and related costs(1)1.3 (27.9)29.2 — 29.2 — — 29.2 Growth, reinvestment, restructuring