NYSE$THS
TreeHouse Foods Inc. · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Third quarter top- and bottom-line results were delivered within guidance range and successful pricing actions to recover inflation were reflected in net sales.
TreeHouse Foods reported a 5.3% increase in net sales to $1.10 billion, driven by pricing actions and the pasta acquisition. However, earnings per diluted share decreased to $0.12, and adjusted earnings per diluted share fell to $0.46 due to commodity inflation and supply chain disruptions.
- Net sales increased by 5.3% compared to the same period in 2020, reaching $1.10 billion.
- Earnings per diluted share from continuing operations was $0.12, down from $0.20 in 2020.
- Adjusted earnings per diluted share from continuing operations was $0.46, compared to $0.71 in the previous year.
- Full year 2021 guidance updated: net sales expected in the $4.20 to $4.325 billion range; adjusted earnings per diluted share of $1.08 to $1.28; and free cash flow of at least $100 million.
Headline financials
Revenue & EPS history
TreeHouse · Revenue · Quarterly
$1.1B
Forward guidance
TreeHouse updated its full year 2021 guidance ranges and provided fourth quarter 2021 guidance. Net sales are expected to be in the $4.20 to $4.325 billion range, with $1.04 to $1.16 billion expected in the fourth quarter.Adjusted earnings per diluted share from continuing operations of $1.08 to $1.28, with $0.00 to $0.20 expected in the fourth quarter. Free cash flow of at least $100 million.
Headwinds
- Current operating constraints are expected to limit the Company's ability to service strengthening demand.
- Escalating inflation
- Timing lag for pricing recovery to be reflected
- Significantly higher costs related to labor
- Supply chain disruption
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 15 quarterly earnings reports
-1.1%
Avg return
Earnings day
+0.5%
Avg return
5 days after
-1.9%
Avg return
30 days after
43%
29 / 67 earnings
Positive
+23.3%
Q3 2025
Best reaction
-36.5%
Q3 2017
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | — | — | — | |
| Q3 2025 | +23.3% | +25.9% | +25.4% | |
| Q2 2025 | -6.5% | -3.5% | -10.7% | |
| Q1 2025 | -5.5% | -3.5% | -6.6% | |
| Q4 2024 | -0.6% | -8.4% | -15.2% | |
| Q3 2024 | -15.1% | -12.9% | -8.5% | |
| Q2 2024 | -5.1% | +0.4% | +5.1% | |
| Q1 2024 | -4.7% | -5.2% | -0.9% | |
| Q4 2023 | -14.2% | -14.1% | -14.1% | |
| Q3 2023 | -9.0% | -8.8% | -2.8% | |
| Q2 2023 | -9.9% | -8.9% | -14.0% | |
| Q1 2023 | -1.4% | -4.1% | -10.4% | |
| Q4 2022 | -1.4% | +1.1% | -2.1% | |
| Q3 2022 | -2.5% | -2.6% | -2.1% | |
| Q2 2022 | +8.0% | +11.4% | +3.5% | |
| Q1 2022 | +22.7% | +27.0% | +28.1% | |
| Q4 2021 | +15.4% | +14.8% | -5.6% | |
| Q3 2021 | +3.9% | — | — | |
| Q2 2021 | -6.3% | — | — | |
| Q1 2021 | +0.8% | — | — | |
| Q4 2020 | -2.5% | — | — | |
| Q3 2020 | -6.0% | — | — | |
| Q2 2020 | -4.6% | — | — | |
| Q1 2020 | +5.2% | — | — | |
| Q4 2019 | -0.7% | — | — | |
| Q3 2019 | -11.0% | — | — | |
| Q2 2019 | -3.8% | — | — | |
| Q1 2019 | -13.0% | — | — | |
| Q4 2018 | +0.0% | — | — | |
| Q3 2018 | -1.9% | — | — | |
| Q2 2018 | +8.6% | — | — | |
| Q1 2018 | +20.6% | — | — | |
| Q4 2017 | -11.0% | — | — | |
| Q3 2017 | -36.5% | — | — | |
| Q2 2017 | -11.6% | — | — | |
| Q1 2017 | -12.1% | — | — | |
| Q4 2016 | +12.1% | — | — | |
| Q3 2016 | -20.5% | — | — | |
| Q2 2016 | -1.5% | — | — | |
| Q1 2016 | +8.1% | — | — | |
| Q4 2015 | +2.4% | — | — | |
| Q3 2015 | +1.3% | — | — | |
| Q2 2015 | -3.0% | — | — | |
| Q1 2015 | -10.4% | — | — | |
| Q4 2014 | -9.8% | — | — | |
| Q3 2014 | -5.8% | — | — | |
| Q2 2014 | +3.1% | — | — | |
| Q1 2014 | -4.0% | — | — | |
| Q4 2013 | +10.7% | — | — | |
| Q3 2013 | -2.1% | — | — | |
| Q2 2013 | +4.0% | — | — | |
| Q1 2013 | -0.0% | — | — | |
| Q4 2012 | +11.0% | — | — | |
| Q3 2012 | -1.8% | — | — | |
| Q2 2012 | -12.7% | — | — | |
| Q1 2012 | +0.1% | — | — | |
| Q4 2008 | +2.1% | — | — | |
| Q4 2011 | +2.1% | — | — | |
| Q3 2011 | -1.7% | — | — | |
| Q2 2011 | +2.8% | — | — | |
| Q1 2010 | +0.7% | — | — | |
| Q1 2011 | +2.2% | — | — | |
| Q4 2010 | -0.5% | — | — | |
| Q3 2009 | +5.9% | — | — | |
| Q3 2010 | +5.9% | — | — | |
| Q4 2009 | +4.4% | — | — | |
| Q2 2009 | +4.4% | — | — | |
| Q2 2010 | +4.4% | — | — |
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