|Bid||49.90 x 1100|
|Ask||50.04 x 1000|
|Day's Range||49.37 - 50.24|
|52 Week Range||29.47 - 50.24|
|Beta (5Y Monthly)||0.40|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 07, 2022 - Nov 11, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||49.67|
Subscribe to Yahoo Finance Plus to view Fair Value for THS
Rating Action: Moody's affirms TreeHouse Foods' B1 CFR; changes outlook to stableGlobal Credit Research - 16 Aug 2022New York, August 16, 2022 -- Moody's Investors Service ("Moody's") affirmed the ratings of TreeHouse Foods, Inc. ("TreeHouse"), including the B1 Corporate Family Rating (CFR), the B1-PD Probability of Default Rating ("PDR"), the B3 rating on company's senior unsecured notes, and the Ba3 rating on the company's senior secured bank facilities. The Speculative Grade Liquidity Rating was upgraded from SGL-3 to SGL-2.
TreeHouse Foods (THS) pens a deal to divest a considerable portion of its Meal Preparation business to increase its focus on the Snacking & Beverage unit. The deal is expected to close in the fourth quarter.
Private-label food manufacturer and distributor TreeHouse Foods Inc. said it's selling a "significant" portion of its meal-preparation business to European industrial investment group Investindustrial for $950 million. Oak Brook, Illinois-based TreeHouse Foods (NYSE: THS) said the deal consists of about $530 million in cash and about $420 million in senior secured debt to be provided by TreeHouse. TreeHouse's meal-preparation business includes single-serve coffee, powdered creamer, refrigerated dough, dressings, dips, sauces, dry dinners, hot cereals, pasta, salsas, syrups, pasta sauces, jams and jellies, pickles and cheese sauces.