Company: THS
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001320695-25-000089
Chunk: 15

Company: TreeHouse Foods, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 2
Chunk 15
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)14.5 %15.2 %(0.7)%4.8 %(1.5)%(4.0)%As adjusted (% of adjusted net sales)15.6 %12.9 %2.7 %2.3 %0.1 %0.2 %Earnings (loss) per share:Diluted$(0.63)Adjusted diluted$0.03 Weighted average common shares:Diluted for net loss50.3Diluted for adjusted net income50.4

40

Three Months Ended March 31, 2024(Unaudited, in millions, except per share amounts)Net salesCost of salesGross profitTotal operating expensesOperating (loss) incomeTotal other expenseIncome tax benefitNet lossAs reported (GAAP)$820.7 $708.7 $112.0 $117.2 $(5.2)$10.1 $(3.6)$(11.7)Adjustments:Mark-to-market adjustments(1)— — — — — 7.0 — (7.0)Restructuring programs & other(2)— — — (6.7)6.7 — — 6.7 Product recalls and related costs(3)0.9 (6.0)6.9 — 6.9 — — 6.9 Acquisition, integration, divestiture, and related costs(5)— (1.9)1.9 (2.2)4.1 — — 4.1 Foreign currency loss on re-measurement of intercompany notes(6)— — — — — (2.4)— 2.4 Taxes on adjusting items— — — — — — 3.2 (3.2)As adjusted (Non-GAAP)$821.6 $700.8 $120.8 $108.3 $12.5 $14.7 $(0.4)$(1.8)As reported (% of net sales)13.6 %14.3 %(0.6)%1.2 %(0.4)%(1.4)%As adjusted (% of adjusted net sales)14.7 %13.2 %1.5 %1.8 %—