tiprankstipranks
TreeHouse sees Q1 revenue $780M-$810M, consensus $887.38M
The Fly

TreeHouse sees Q1 revenue $780M-$810M, consensus $887.38M

Sees Q1 adjusted EBITDA $45M-$55M. The company said, “Net sales are expected in the range of $780 to $810 million, which is down approximately 7% year-over-year at the mid-point of the range. Organic volume and mix are anticipated to be down mid-single-digits year-over-year primarily due to the capacity constraints at one of the Company’s broth facilities. The Company also expects targeted deflationary pricing will contribute to the decline. Volume and mix from the recently completed acquisitions is expected to contribute low-single-digit growth. Adjusted EBITDA from continuing operations is expected in a range of $45 to $55 million.”

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on THS:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles