TreeHouse Foods, Inc.

treehousefoods.com

What Do They Do?

Makes private-brand snacks, beverages and grocery foods for retailers, foodservice distributors and co-manufacturers.

How Do They Make Money?

Customers buy TreeHouse's food and beverage products; sales occur when products ship or are delivered, depending on the shipping terms.

FY2024 revenue

Who Are Their Customers?

Retailers are the main sales channel; other buyers include foodservice distributors, co-manufacturers, and industrial and export customers. An internal sales team and brokers handle retail, food-away-from-home and export accounts, while industrial products are generally sold directly.

Customers above 10% of revenue, FY2024

of revenue from one customer

FY2022: 21% from one customer

Do Revenues Turn Into Profits?

Yes. It kept 1 cent of every revenue dollar as net income in FY2024.

Operating income, FY2024

3% of revenue

▼ −30% vs FY2023 ($146.9M, 4%)

Net income, FY2024

1% of revenue

▼ −49% vs FY2023 ($53.1M, 2%)

How Are They Changing?

Since the FY2024 annual report

Latest quarter: Q3 FY2025, the three months to Sep 30, 2025

Revenue: ▲ 0%; vs $839.1M in Q3 FY2024
Net income: ▲ +7718% (Loss); vs −$3.4M in Q3 FY2024

Feb 11, 2026 Investindustrial completed its acquisition of TreeHouse Foods TreeHouse became a private company, and its shares were delisted from the New York Stock Exchange.
Jan 5, 2026 Issued preliminary full-year sales and adjusted EBITDA ranges For 2025, adjusted net sales were estimated at $3,375 million to $3,395 million and adjusted EBITDA at $350 million to $360 million.
Nov 12, 2025 Agreed to be acquired by Investindustrial Shareholders were to receive $22.50 per share in cash and a contingent value right tied to coffee-business litigation.

Growing. Revenue grew 12% in 4 years, from $3B in FY2020 to $3.4B in FY2024, about 3% a year.

Portfolio focus The earlier report describes distinct Meal Preparation and Snacking & Beverages segments; the latest describes a consolidated food-and-beverage business after TreeHouse sold a significant portion of Meal Preparation.

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