Company: THS
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001320695-25-000107
Chunk: 20

Company: TreeHouse Foods, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 2
Chunk 20
---
, Adjusted gross profit, Adjusted total operating expenses, Adjusted operating income, Adjusted total other expense, Adjusted income tax expense, and Adjusted net income to their most directly comparable GAAP measure, for each of the periods presented:

Three Months Ended September 30, 2025(Unaudited, in millions, except per share amounts)Net salesCost of salesGross profitTotal operating expensesOperating (loss)  incomeTotal other expenseIncome tax (benefit) expenseNet (loss) incomeAs reported (GAAP)$840.3 $682.4 $157.9 $412.0 $(254.1)$13.4 $(1.7)$(265.8)Adjustments:Impairment(1)— — — (289.7)289.7 — — 289.7 Restructuring programs & other, including accelerated depreciation(2)— (6.8)6.8 (27.2)34.0 — — 34.0 Foreign currency loss on re-measurement of intercompany notes(3)— — — — — (1.4)— 1.4 Acquisition, integration, divestiture, and related costs(4)0.4 — 0.4 (0.2)0.6 — — 0.6 Mark-to-market adjustments(5)— — — — — 12.7 — (12.7)Product recalls and related (income) costs, including insurance recoveries(6)1.2 17.6 (16.4)— (16.4)— — (16.4)Taxes on adjusting items— — — — — — 8.9 (8.9)As adjusted (Non-GAAP)$841.9 $693.2 $148.7 $94.9 $53.8 $24.7 $7.2 $21.9 As reported (% of net sales)18.8 %49.0 %(30.2)%1.6 %(0.2)%(31.6)%As adjusted (% of adjusted net sales)17.7 %11.3 %6.4 %2.9 %0.9 %2.6 %Earnings (loss