Company: THS
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001320695-25-000099
Chunk: 14

Company: TreeHouse Foods, Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 2
Chunk 14
---
 earnings and investments in any Guarantor Subsidiaries or Non-Guarantor Subsidiaries. The summarized financial information is provided in accordance with the reporting requirements of Rule 13-01 under SEC Regulation S-X for the issuer and Guarantor Subsidiaries.

TreeHouse Foods, Inc. and Guarantor SubsidiariesSummarized Statement of OperationsSix Months Ended June 30, 2025(Unaudited, in millions)Net sales$1,546.0 Gross profit (1)254.8 Net loss(28.8)

TreeHouse Foods, Inc. and Guarantor SubsidiariesSummarized Balance SheetJune 30, 2025December 31, 2024(Unaudited, in millions)Current assets$817.2 $926.8 Noncurrent assets2,925.4 2,782.9 Current liabilities662.2 676.5 Noncurrent liabilities (2)1,699.2 1,629.9 

(1)For the six months ended June 30, 2025, TreeHouse Foods, Inc. and Guarantor Subsidiaries recorded $31.3 million of net sales to the Non-Guarantor Subsidiaries and $112.9 million of purchases from the Non-Guarantor Subsidiaries.

(2)Includes an amount due from Non-Guarantor Subsidiaries of $47.7 million and $20.3 million as of June 30, 2025 and December 31, 2024, respectively.

41

Non-GAAP Measures

We have included in this report measures of financial performance that are not defined by GAAP ("Non-GAAP"). A Non-GAAP financial measure is a numerical measure of financial performance that excludes or includes amounts so as to be different than the most directly comparable measure calculated and presented in accordance with GAAP in the Company's Condensed Consolidated Financial Statements. As described further below, we believe these measures provide useful information to the users of the financial statements.

For each of these Non-GAAP financial measures, we provide a reconciliation between the Non-GAAP measure and the most directly comparable GAAP measure, an explanation of why management believes the Non-GAAP measure provides useful information to financial statement users, and any additional purposes for which management uses the Non-GAAP measure. This Non-GAAP financial information is provided as additional information for the financial statement users and is not in accordance with, or an alternative