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TreeHouse Foods (THS) investor relations material

TreeHouse Foods Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2025 earnings summary10 Nov, 2025

Executive summary

  • Net sales for Q3 2025 were $840.3M, up 0.1% year-over-year, driven by favorable pricing, the Harris Tea acquisition, and distribution gains, partially offset by lower volume/mix and the exit from the RTD business.

  • Gross profit margin rose to 18.8% from 15.6% due to insurance recoveries and the Harris Tea acquisition.

  • A non-cash goodwill impairment of $289.7M was recognized, driving a net loss of $265.8M for the quarter and $300.5M for the nine months ended September 30, 2025.

  • Adjusted EBITDA for Q3 was $91.6M (10.9% margin), down from $102.5M in Q3 2024, primarily due to volume/mix declines and margin management actions.

  • The company announced a $2.9B all-cash merger agreement with Investindustrial, expected to close in Q1 2026, and withdrew all forward guidance.

Financial highlights

  • Q3 2025 net sales: $840.3M (+0.1% YoY); nine months: $2,430.3M (-0.7% YoY).

  • Q3 gross profit: $157.9M (18.8% margin); nine months: $412.3M (17.0% margin).

  • Q3 net loss: $265.8M (vs. $3.4M loss prior year); nine months net loss: $300.5M (vs. $31.8M loss prior year).

  • Adjusted net sales for Q3 2025 were $841.9M.

  • Adjusted diluted EPS for Q3 2025 was $0.43, compared to $0.74 in Q3 2024.

Outlook and guidance

  • The merger with Investindustrial is expected to close in Q1 2026, subject to shareholder and regulatory approval; all forward guidance has been withdrawn.

  • Management continues to monitor inflation, commodity costs, and macroeconomic trends impacting consumer demand.

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Frequently asked questions

TreeHouse Foods Inc manufactures packaged food and beverage products primarily for private label and foodservice markets. The company’s product portfolio includes snacks, beverages, meal preparation items, and condiments. It serves grocery retailers, restaurants, and food manufacturers. The company is headquartered in Oak Brook, Illinois, and its shares are listed on the NYSE.

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