Type
|
Public |
---|---|
Traded as | NYSE: THS S&P 400 Component |
Industry | grocery product manufacturer |
Founded | 2005 |
Headquarters | Oak Brook, Illinois, United States |
Products | private label grocery products |
Revenue | $2.9 billion USD (2014) |
Number of employees
|
7000 (approximate) |
Website | http://www.treehousefoods.com |
Type
|
Public |
---|---|
Industry | Dry grocery product manufacturer |
Founded | 1905 |
Headquarters | Manawa, Wisconsin, United States |
Products | Seasonings, Puddings, Gelatins, Powdered drink mixes, Single-serve "K-cups," Dried oatmeal, Organic products, Liquid beverage enhancers |
Revenue | $77.4 million USD (2006) |
Number of employees
|
1,000 (approximate) |
Website | External link |
TreeHouse Foods Inc., located in Oak Brook, Illinois, is a multinational food processing company specializing in producing private label packaged foods. Created in 2005 and consisting entirely of acquisitions, in 2010 the company had sales of $2 billion and employed over 4000 people at 20 facilities. Food Processing magazine named them their 2010 Processor of the Year, calling them "the biggest company you never heard of." The company is a component of the S&P 400 and in 2015 was the 37th-largest food and beverage company in North America.
In 2005, Dean Specialty Foods was spun off from Dean Foods as Bay Valley Foods, LLC, a division of TreeHouse Foods, Inc. In June of that year, TreeHouse Foods started trading on the New York Stock Exchange with a ticker of THS.
Michelle Obama was a member of the board of directors from 2005 - 2007. Terdema Ussery, president and CEO of the National Basketball Association’s Dallas Mavericks, serves on the board of directors.
Sturm Foods is a subsidiary company that manufactures dry groceries under private label brands and distributes them to the foodservice industry and grocery suppliers throughout the world. Sturm Foods' origin was a dairy farm operation begun in 1905 by Arthur Sturm and his four sons. The boys began buying eggs from local farmers and shipping them to relatives in Chicago for sale there. This small business eventually expanded into other commodities during the 1930s, such as sugar, seed, twine, potatoes, flour, coal and gasoline. World War II helped increase the business, at that point known as A. Sturm & Sons. The company began manufacturing for the first time bulk amounts of dried food products, such as eggs and powdered milk, to be delivered to American servicemen on the battle fronts. The company entered the private label distribution market in the early 1970s and continues this business model to the current day. The business flourished throughout the eighties and nineties with a broadening product line and employment increasing from 150 to 500 employees. In May 2005, Sturm Foods was acquired by the LLC and private equity firm HM Capital Partners.
Monday, December 1, 2009 HM Capital announced that Sturm Foods was sold to Treehouse Foods for approximately $660 million. The purchase price is made up of $400m in new debt issuance, $100m in equity stock, with the remainder funded by TreeHouse’s existing revolving credit facility. With this purchase the US soup-to-salad dressings firm has made a move to further expand its dry grocery offerings. For the 12 months leading to September 30, 2009 Sturm generated sales of $340m. Following the acquisition, TreeHouse has estimated that it will have pro-forma sales of around $1.9bn and adjusted EBITDA of over $275m. The company also expects the transaction to be more than 16% accretive on an annualised basis following the acquisition, adding $0.38 to $0.40 in earnings per share.
The company's primary business strategy is to acquire producers of private-label products in Canada and the U.S. It services both the retail grocery and the foodservice distribution channels. In addition to private brand non-dairy creamers, single-serving coffee pods, baby foods, salad dressings, marinades, dips, soups, sauces, dry mix pasta dinners, jams, spreads, and cereals the company also maintains several brand name products including McCann's Steel Cut Irish Oatmeal, Cremora non-dairy coffee lightener, Second Nature egg substitutes, and Nature's Goodness baby foods.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2022 | 2022-11-07 | Future report Set alerts | |
Q2 2022 | 2022-08-08 | -0.04 | -0.04 |
Q1 2022 | 2022-05-09 | -0.15 | -0.15 |
Q4 2021 | 2022-02-14 | 0.11 | 0.11 |
Q3 2021 | 2021-11-08 | 0.46 | 0.46 |
Q2 2021 | 2021-08-05 | 0.26 | 0.26 |
Q1 2021 | 2021-05-06 | 0.36 | 0.36 |
Q4 2020 | 2021-02-11 | 1.07 | 1.07 |
Q3 2020 | 2020-11-05 | 0.00 | 0.00 |
Q2 2020 | 2020-08-06 | 0.58 | -0.05 |
2016-06-27 | Reiterated Rating | Susquehanna | Buy | $109.00 |
2016-05-26 | Reiterated Rating | Susquehanna | Buy | |
2016-05-25 | Initiated Coverage | KeyBanc | Overweight | $110.00 |
2016-05-25 | Initiated Coverage | KeyCorp | Overweight | $110.00 |
2016-05-12 | Reiterated Rating | Bank of America | Buy | |
2016-05-12 | Reiterated Rating | Bank of America Corp. | Buy | |
2016-04-15 | Reiterated Rating | Bank of America | Buy | |
2016-02-09 | Upgrade | JPMorgan Chase & Co. | Neutral to Overweight | $98.00 |
2016-02-08 | Reiterated Rating | Susquehanna | Buy | $109.00 |
2016-02-02 | Reiterated Rating | William Blair | Outperform | |
2016-01-27 | Lower Price Target | Credit Suisse | Neutral | $88.00 to $84.00 |
2016-01-27 | Lower Price Target | Credit Suisse Group AG | Neutral | $88.00 to $84.00 |
2016-01-20 | Reiterated Rating | Susquehanna | Buy | $109.00 |
2016-01-15 | Lower Price Target | BMO Capital Markets | $90.00 to $80.00 | |
2016-01-14 | Reiterated Rating | Susquehanna | Buy | |
2016-01-04 | Reiterated Rating | Susquehanna | Buy | |
2015-12-29 | Reiterated Rating | Bank of America | Buy | |
2015-12-23 | Reiterated Rating | Bank of America | Buy | |
2015-12-15 | Initiated Coverage | Jefferies Group | Buy | $100.00 |
2015-12-03 | Reiterated Rating | Susquehanna | Buy | $108.00 |
2015-11-17 | Reiterated Rating | Susquehanna | Buy | $108.00 |
2015-11-11 | Reiterated Rating | Susquehanna | Buy | $108.00 |
2015-11-06 | Downgrade | BMO Capital Markets | Outperform to Market Perform | $85.00 to $90.00 |
2015-11-03 | Boost Price Target | Credit Suisse | Neutral | $77.00 to $88.00 |
2015-11-02 | Reiterated Rating | Susquehanna | Buy | $108.00 |
2015-10-27 | Reiterated Rating | Susquehanna | Buy | $108.00 |
2015-10-26 | Initiated Coverage | Susquehanna | Positive | $108.00 |
2015-10-02 | Upgrade | Bank of America | Neutral to Buy | $84.00 to $88.00 |
2015-09-16 | Boost Price Target | JPMorgan Chase & Co. | Neutral | $80.00 to $88.00 |
2015-08-26 | Upgrade | Stephens | Equal Weight to Overweight | $75.00 to $85.00 |
2015-08-07 | Reiterated Rating | Credit Suisse | Hold | $75.00 to $77.00 |
2015-07-20 | Boost Price Target | BB&T Corp. | Buy | $90.00 |
2015-05-12 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $73.00 |
2015-05-08 | Downgrade | Bank of America | Buy to Neutral | $77.00 |
2015-05-08 | Reiterated Rating | Stifel Nicolaus | Buy | $94.00 to $83.00 |
2015-05-07 | Upgrade | KeyBanc | Underweight | |
2015-02-13 | Reiterated Rating | JPMorgan Chase & Co. | Hold | $90.00 to $83.00 |
2015-02-13 | Set Price Target | Stifel Nicolaus | Buy | $95.00 to $90.00 |
2015-02-13 | Lower Price Target | Citigroup Inc. | Buy | $100.00 to $95.00 |
2015-01-15 | Upgrade | Bank of America | Underperform to Buy | |
2015-01-12 | Downgrade | Stephens | Overweight to Equal Weight | $90.00 |
2015-01-05 | Upgrade | Bank of America | Underperform to Buy | $73.00 to $100.00 |
2014-12-18 | Initiated Coverage | Sterne Agee CRT | Buy | $85.00 |
2014-12-03 | Upgrade | BMO Capital Markets | Market Perform to Outperform | $90.00 to $95.00 |
2014-11-12 | Upgrade | Stifel | Hold to Buy | $90 |
2014-11-12 | Upgrade | Stifel Nicolaus | Hold to Buy | $90.00 |
2014-11-07 | Reiterated Rating | Credit Suisse | Neutral | $82.00 to $86.00 |
2014-10-28 | Reiterated Rating | Citigroup Inc. | Buy | $93.00 to $100.00 |
2014-10-15 | Downgrade | KeyBanc | Hold to Underweight | $4.24 to $70.00 |
2014-09-22 | Upgrade | SunTrust | Neutral to Buy | $75.00 to $95.00 |
2014-09-22 | Upgrade | SunTrust Banks Inc. | Neutral to Buy | $75.00 to $95.00 |
2014-09-08 | Boost Price Target | JPMorgan Chase & Co. | $76.00 to $87.00 | |
2014-08-08 | Boost Price Target | BMO Capital Markets | $71.00 to $80.00 | |
2014-07-18 | Reiterated Rating | Bank of America | Underperform to Buy | |
2014-07-01 | Reiterated Rating | Citigroup Inc. | Buy | $86.00 to $93.00 |
2014-04-28 | Reiterated Rating | Credit Suisse | Neutral | $72.00 |
2014-04-22 | Reiterated Rating | Citigroup Inc. | Buy | $86.00 |
2014-03-10 | Boost Price Target | JPMorgan Chase & Co. | Neutral | $68.00 to $70.00 |
2014-02-14 | Upgrade | Credit Suisse | Underperform to Neutral | $67.00 to $70.00 |
2013-11-27 | Reiterated Rating | Jefferies Group | Hold | $72.00 to $69.00 |
2013-11-11 | Lower Price Target | JPMorgan Chase & Co. | Neutral | $76.00 to $75.00 |
2013-09-17 | Boost Price Target | JPMorgan Chase & Co. | Neutral | $74.00 to $76.00 |
2013-09-09 | Upgrade | BB&T Capital Mkts | Hold to Buy | $83 |
2009-07-28 | Initiated | KeyBanc Capital Mkts | Buy | |
2009-05-26 | Initiated | Citigroup | Hold | |
2009-05-21 | Initiated | William Blair | Outperform | |
2009-02-13 | Reiterated | Barclays Capital | Overweight | $34 to $31 |
2008-11-04 | Downgrade | Wachovia | Outperform to Mkt Perform |
2016-06-27 | Reiterated Rating | Susquehanna | Buy | $109.00 |
2016-05-26 | Reiterated Rating | Susquehanna | Buy | |
2016-05-25 | Initiated Coverage | KeyBanc | Overweight | $110.00 |
2016-05-25 | Initiated Coverage | KeyCorp | Overweight | $110.00 |
2016-05-12 | Reiterated Rating | Bank of America | Buy |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In THS 212 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Inc. | 8.36M |
Vanguard Group, Inc | 6.36M |
JANA PARTNERS LLC | 4.75M |
DIMENSIONAL FUND ADVISORS LP | 2.74M |
FMR LLC | 2.43M |
BlackRock Fund Advisors | 2.19M |
STATE STREET CORP | 1.91M |
BlackRock Institutional Trust Company, N.A. | 1.74M |
SHAPIRO CAPITAL MANAGEMENT LLC | 1.39M |
Neuberger Berman Group LLC | 1.37M |
BROWN ADVISORY INC | 1.15M |
AMERIPRISE FINANCIAL INC | 1.14M |
INVESTMENT COUNSELORS OF MARYLAND LLC | 0.91M |
GEODE CAPITAL MANAGEMENT, LLC | 0.90M |
SCHWAB CHARLES INVESTMENT MANAGEMENT INC | 0.77M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
WALSH HARRY J Sr VP of Operations | 0.35% (149194) | THS / |
ONeill Thomas Emmet III Gen Counsel, Sr VP, CAO, Sec | 0.32% (133246) | THS / |
REED SAM K CEO, Chairman of the Board | 0.18% (74156) | THS / |
Riordan Dennis F CFO, Sr VP | 0.16% (65583) | THS / |
VERMYLEN DAVID B President, COO | 0.07% (30590) | ARO / THS / |
Kahler Erik Thomas Sr VP-Corporate Development | 0.06% (27025) | THS / |
Ussery Terdema L II | 0.06% (23280) | THS / UA / |
Gambrel Alan Thompson Sr VP-Human Resources | 0.04% (18274) | THS / |
Flanagan Sharon Marie Sr. VP - Strategy | 0.04% (17937) | THS / |
Sliva Christopher D Senior Vice President | 0.03% (11598) | THS / |
OConnell Frank Joseph | 0.03% (11000) | THS / |
OBrien Dennis F | 0.02% (9960) | THS / |
SARDINI ANN | 0.02% (9780) | PIR / THS / |
Bishop Rachel Rothe Sr VP & Chief Strategy Officer | 0.02% (6889) | THS / |
BAYLY GEORGE V | 0.01% (2230) | ACCO / GPK / THS / |