TD Cowen has revised the price target for TreeHouse Foods (THS, Financial), reducing it from $32 to $27 while maintaining a Hold rating on the company's shares. This adjustment follows TreeHouse's decision to streamline its corporate operations by consolidating functions and cutting 150 jobs as part of its cost-saving strategy.
Additionally, TreeHouse Foods has provided an update on its financial outlook. The company has preannounced its expectations for the first quarter of 2025, indicating that sales are anticipated to fall within the midpoint of the previously disclosed guidance range, with earnings before interest, taxes, depreciation, and amortization (EBITDA) expected to surpass earlier forecasts.
Furthermore, TreeHouse has reaffirmed its guidance for the full fiscal year 2025, suggesting confidence in its strategic plans and financial health moving forward.
