TreeHouse Foods

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US own-label group TreeHouse Foods to close another plant

31 Jan 2018

TreeHouse Foods, the largest supplier of own-branded products to US grocers, is to close its facility in Battle Creek, Michigan.

Earnings summary - Conagra Brands sees income rise; General Mills revises full-year guidance

21 Dec 2017

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

It's not child's play for TreeHouse Foods right now - editor's viewpoint

3 Nov 2017

After a largely smooth decade for TreeHouse Foods since its inception in 2005, the largest private-label supplier in the US has found it tough going in the last 18 months or so. And, worryingly for investors, the latest news coming out of TreeHouse this week did not make for happy reading, Dean Best reports.

TreeHouse Foods president Robert Aiken resigns less than five months into the job 

2 Nov 2017

US private-label giant TreeHouse Foods is searching for a new CEO after Robert Aiken resigned from his position as president of the company despite only taking up the role in June.

TreeHouse Foods restructuring to lead to plant closures

3 Aug 2017

TreeHouse Foods plans to close some of its operations as part of a restructuring programme the US own-label supplier has drawn up to make it more competitive and improve its margins.

TreeHouse Foods cuts earnings guidance

3 Aug 2017

TreeHouse Foods, the biggest private-label supplier in the US, is revising its full-year earnings per share guidance lower amid "adverse" market conditions, pressure from commodity costs increases and lower volumes.

TreeHouse names Robert Aiken COO

14 Jun 2017

TreeHouse Foods has appointed former US Foods CEO Robert Aiken to the post of president and chief operating officer.

TreeHouse Foods sells soup, baby food units to Insight Equity-backed Riverbend Foods

25 Apr 2017

TreeHouse Foods, the US private-label supplier, has offloaded its soup and infant feeding business to Riverbend Foods, a new company set up by private-equity firm Insight Equity.

TreeHouse targets online, healthy snacking growth with management shuffle

29 Mar 2017

US private-label food maker TreeHouse Foods is aiming to "capitalise on growth opportunities" with a management reshuffle that has signalled an increased focus on healthy snacking and the "emerging" online sales channel. 

TreeHouse Foods books FY loss on impairment charges

9 Feb 2017

TreeHouse Foods has recorded a full-year loss after booking an impairment charge related to North American retail grocery unit Flagstone Foods. 

TreeHouse Foods wrestles with former ConAgra Foods' assets – 6 things to learn 

4 Nov 2016

TreeHouse Foods lowered its full-year earnings forecast, sending shares in the US own-label supplier tumbling. The company said it was forced to cut its outlook due to a weaker-than-expected performance from the private-label business it acquired from US peer ConAgra Foods earlier this year. just-food takes a look at what has gone wrong – and what action TreeHouse is taking to right itself. 

TreeHouse Q3 shows struggles to digest ConAgra's private brands 

3 Nov 2016

TreeHouse Foods said that it has struggled to integrate the private brands business that it acquired from ConAgra Foods, which "fell short" of expectations during the third quarter. 

TreeHouse right-sizing manufacturing footprint

3 Nov 2016

TreeHouse Foods has revealed plans to close a Canadian production facility in British Columbia and reduce its manufacturing capacity at a site in the US state of Michigan. 

TreeHouse announces two senior executive changes

3 Nov 2016

TreeHouse Foods, the US own-label group, today (3 November) announced two senior management changes - the resignation of president Chris Sliva and the appointment of a new CFO.

TreeHouse Foods outlines executive changes

4 Aug 2016

TreeHouse Foods, the US private-label group, today (4 August) announced Dennis Riordan was stepping down as CFO and a decision to hand the role of company president to COO Chris Sliva.

TreeHouse Foods shares slide despite "progress"

4 Aug 2016

TreeHouse Foods, the US private-label group, today (4 August) reported half-year results shaped by the company’s recent acquisition of the bulk of ConAgra Foods’ own-label business.

Focused ConAgra Foods sells JM Swank ingredients unit

10 Jun 2016

ConAgra Foods has announced its intention to sell its national food ingredient sourcing and distribution company JM Swank, the US group's latest move to dispose an asset to focus on its consumer-facing business.

TreeHouse to close two former ConAgra facilities 

25 May 2016

TreeHouse Foods has announced plans to close two manufacturing facilities that it attained as part of its US$2.7bn acquisition of ConAgra Foods' private-label business.

TreeHouse swings to loss on acquisition costs

5 May 2016

TreeHouse Foods reported a first-quarter loss as costs associated with its acquisition of the ConAgra Foods private brands business weighed on profitability. 

TreeHouse to shed 100 jobs in Bay Valley facility closure

6 Apr 2016

TreeHouse Foods plans to close its Bay Valley Foods production site in Ayer, Massachusetts, as part of an ongoing production review. 

TreeHouse Foods to increase natural, organic production following ConAgra deal

29 Mar 2016

TreeHouse Foods has confirmed it is bumping up the number of natural and organic food items it produces and plans to sell them through the acquired ConAgra Foods private-label unit.

TreeHouse Foods sales slide in Q4

11 Feb 2016

TreeHouse Foods, the US private-label group, saw sales decline in the last three months of 2015 amid pressure on volumes and moves on prices.

TreeHouse FY guidance ahead of expectations 

15 Jan 2016

Shares in TreeHouse Foods rose after the bell yesterday (14 January) on the back of expectation-beating full-year guidance. 

Food industry quotes of the week - pressure on Hain Celestial, Chobani ad spat, Ornua's China move

15 Jan 2016

US group Hain Celestial this week cut its forecasts for annual sales and earnings amid pressure on its domestic business. The company's management also presented at the ICR investment conference, where it sought to be upbeat about Hain's prospects. Staying in the US, Danone warned it could pursue legal action over Chobani's "misleading and deceptive marketing" which targeted its Light & Fit brand. Elsewhere, Irish dairy co-op Ornua announced the acquisition of Chinese group Ambrosia. And we analysed General Mills' recent acquisitions of Brazilian yoghurt maker Carolina and US meat snacks firm Epic Provisions. Here is the week in quotes.

TreeHouse to add 140 more ConAgra employees

14 Jan 2016

TreeHouse Foods has announced it will hire another 140 permanent employees from ConAgra Foods as part of the deal for the latter's private-label food business.

The food industry in 2016 - the trends that will drive M&A

3 Jan 2016

Looking to 2016, it seems likely many of the trends that drove a bumper year of deal-making will persist over the next 12 months - consolidation, health, simple foods and emerging markets.

The year in review - the news that shook the food industry in 2015

21 Dec 2015

The creation of Kraft Heinz was the stand-out M&A story of the year, although there were plenty of other significant deals, including JBS's move for European meat group Moy Park, the sale of Quorn Foods to Philippines-based Monde Nissin and Nomad Foods' two transactions in European frozen food. Elsewhere, Nestle was rocked by the Maggi recall in India, while it and a number of other companies - including Hershey - suffered amid China's economic slowdown.

Food industry news of the week - ConAgra, ThinkThin, Danone

23 Nov 2015

US group ConAgra Foods, fresh from agreeing to sell the bulk of its own-label business, set out plans to split its remaining operations in two. Staying in the US, Glanbia struck a deal to buy protein foods maker ThinkThin, while local distributor Pompeian Group is to merge with Spanish olive oil co-op DCOOP. Olive oil was under scrutiny in Italy, where a clutch of products face a regulatory investigation over claims products are being mis-sold as extra virgin olive oil.

TreeHouse to close Bay Valley Foods plant in California

18 Nov 2015

TreeHouse Foods has announced it is closing its Bay Valley Foods plant in California.

Food industry quotes of the week - TreeHouse, Kellogg, Kraft Heinz

6 Nov 2015

This week, TreeHouse Foods announced the acquisition of ConAgra Foods' troubled private-label arm for US$2.7bn. Kellogg posted yet another quarter of falling cereal sales, although CEO John Bryant insisted the category was improving. Kraft Heinz Co. announced a fresh swathe of job cuts across the US and Canada And just-food interviewed UK cheese maker Wyke Farms MD Richard Clothier who highlighted the challenges in the UK market for an independent dairy operator.

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