/PRNewswire/ TreeHouse Foods, Inc. (NYSE: THS) ("the Company") today reported fourth quarter GAAP loss per diluted share from continuing operations of.
TreeHouse Foods, Inc. Reports Second Quarter 2021 Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Delivers top-line growth, strong cash flow and deleveraging
Provides update on Riviana acquisition and value creation initiatives
HIGHLIGHTS
- Generated reported net sales growth of 3.3% and organic net sales growth of 4.0% compared to the fourth quarter of 2019.
- Fourth quarter 2020 earnings per diluted share from continuing operations was $1.29 compared to $0.27 for the same period in 2019.
- Fourth quarter 2020 adjusted earnings per diluted share from continuing operations was $1.07, within the Company s guidance range of $1.00 to $1.10.
- Completed the acquisition of Ebro s Riviana Foods U.S. branded pasta business in December which is on-track to deliver $25 to $30 million in adjusted EBITDA from continuing operations and $0.20 to $0.30 in adjusted earnings per diluted share from continuing operations in 2021.