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Baron Funds Comments on TreeHouse Foods Inc.

December 07, 2012 | About:
Holly LaFon

TreeHouse Foods, Inc. (THS), a producer of private label foods, declined 15.7% in the third quarter. Higher commodity costs, an absence of acquisitions, and a consumer shift to alternative shopping channels have slowed TreeHouse Foods's recent growth. We believe the private label food segment will continue to take share from branded grocery products over the long term, and we expect the category to continue to consolidate and result in greater profitability for TreeHouse Foods. (Michael Baron)

From Baron Funds third quarter letter.


Rating: 3.7/5 (3 votes)

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