Company: THS
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001320695-25-000007
Chunk: 71

Company: TreeHouse Foods, Inc.
Filing Date: 2025-02-14
Form: 10-K
Item: Item 7
Chunk 71
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43)(45.7)%

(1)  The sum of the individual per share amounts may not add due to rounding.

26

 Year Ended December 31, 20242023Increase / (Decrease)(Dollars in millions, except per share amounts)DollarsDollars$ Change% ChangeOther financial data:(1)EBITDA from continuing operations$239.4 $260.0 $(20.6)(7.9)%Adjusted EBITDA from continuing operations337.4 365.9 (28.5)(7.8)Adjusted net sales3,377.3 3,432.9 (55.6)(1.6)Adjusted cost of sales2,783.9 2,826.8 (42.9)(1.5)Adjusted gross profit593.4 606.1 (12.7)(2.1)Adjusted total operating expenses392.4 366.9 25.5 7.0 Adjusted operating income201.0 239.2 (38.2)(16.0)Adjusted total other expense69.7 49.9 19.8 39.7 Adjusted income tax expense30.8 50.1 (19.3)(38.5)Adjusted net income from continuing operations100.5 139.2 (38.7)(27.8)Adjusted diluted earnings per share from continuing operations$1.91 $2.47 $(0.56)(22.6)%

(1)  Other financial data includes Non-GAAP financial metrics. See "Non-GAAP Measures" for definitions and reconciliations of our Net income (loss) from continuing operations to EBITDA from continuing operations and Adjusted EBITDA from continuing operations, Net sales to Adjusted net sales, Cost of sales to Adjusted cost of sales, Gross profit to Adjusted gross profit, Total operating expenses to Adjusted total operating expenses, Operating income to Adjusted operating income, Total other expense (income) to Adjusted total other expense, Income tax expense to Adjusted income tax expense, Net income (loss) from continuing operations to Adjusted net income from continuing operations, and Diluted earnings per share from continuing operations to Adjusted diluted earnings per share from continuing operations.

Continuing Operations

Net Sales — Net sales for the year ended December 31, 2024 totaled $3,354.0 million compared to $3