Treehouse Foods, Inc. (THS)
TreeHouse Foods, Inc. is a leading manufacturer of away-from-home and retail ambient food products. The company produces a wide range of packaged foods, including beverages, meals, snacks, and condiments, serving grocery stores, foodservice operators, and other retail channels. Founded in 2005 and headquartered in Chicago, Illinois, TreeHouse focuses on providing private label and branded products across various food categories.
Company News
Private equity firm Investindustrial is rumored to be considering a $3 billion acquisition of TreeHouse Foods, causing the company's stock to rise 31% after a significant decline over the past year.
Food Lion has expanded a recall of its frozen waffles due to possible Listeria Monocytogenes contamination. The recall now includes two additional varieties of waffles, in addition to the three varieties previously reported. Customers are advised not to consume the affected products and can return them to their local Food Lion store for a refund.
TreeHouse Foods has demonstrated strong performance, with its stock increasing by 6.7% over the past month, outperforming the industry and broader market. The company's focus on private-label groceries, snacks, and strategic acquisitions have contributed to its growth prospects.
Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on Treehouse Foods (NYSE:THS) in the last three months. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bull...
