Company: THS
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001320695-25-000099
Chunk: 18

Company: TreeHouse Foods, Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 2
Chunk 18
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 million and $0.5 million were classified in Net sales, respectively. Additionally, $1.9 million was classified in Cost of sales during the six months ended June 30, 2025. During the three and six months ended June 30, 2024, $1.7 million and $3.7 million were classified in General and administrative and $0.2 million and $2.1 million were classified in Cost of sales, respectively. Additionally, $0.2 million was classified in Other operating expense, net during the six months ended June 30, 2024.Refer to Note 6 to our Condensed Consolidated Financial Statements for additional information.(4)The Company has foreign currency denominated intercompany loans and incurred foreign currency gains/losses to re-measure the loans at quarter end. These amounts are non-cash and the loans are eliminated in consolidation.(5)Griddle Recall and Related (Income) Costs, including Insurance RecoveriesOn October 18, 2024, the Company initiated a voluntary recall of certain frozen waffle products produced at its Brantford, Ontario, Canada facility, and on October 22, 2024, the Company expanded its voluntary recall to include all products manufactured at the Brantford facility that are still within their shelf-life. For the three and six months ended June 30, 2025, the Non-GAAP adjustments included an insurance recovery of $(10.0) million in each period and $3.4 million and $9.2 million for estimated product returns and claims, respectively.Broth Recall and Related (Income) Costs, including Insurance RecoveriesOn September 22, 2023, the Company initiated a voluntary recall of certain broth products produced at its Cambridge, Maryland facility and executed a turnaround plan to restore the facility operations. For the three and six months ended June 30, 2025, the Non-GAAP adjustments included an insurance recovery of $(3.1) million in each period and other costs of $0.1 million and $0.2 million, respectively.For the three and six months ended June 30, 2024, the Non-GAAP adjustments included non-cash plant shutdown charges of $4.5 million and $8.9 million, non-cash inventory write-offs of $0.3 million and $2.6 million, and other costs, including product returns and logistics, of $2.7 million and $2.9 million, respectively.Refer to Note