TreeHouse Foods, Inc. (THS)

In November 2025, TreeHouse Foods announced an agreement to be acquired by Investindustrial VIII SCSp for $2.9 billion, expected to close in Q1 2026, causing the share price to increase by more than 15%. Prior to this, the company's stock had declined approximately 54% year-to-date. As of January 9, 2026, the share price was $23.98, a 28.12% decrease from January 10, 2025. In December 2025, Q3 revenues were reported at $841.9 million, a 1.5% year-on-year decrease, although the stock was up 25.4% since the earnings report. In September 2025, the company reaffirmed its full-year EBITDA guidance despite economic uncertainties and rising commodity costs.

Demand for TreeHouse Foods' private label products is influenced by consumer behavior and economic pressures. The company observed a deceleration in private brand unit sales in Q3 2024, attributed to pressure on consumers. Despite fluctuations, TreeHouse Foods anticipated strong private label demand and is targeting growth in categories such as pretzel snacks, cookies, and hot beverages. The company's focus on private label offerings aligns with the consumer shift towards store brands.

TreeHouse Foods, Inc. is a North American manufacturer and distributor of private label packaged foods and beverages, operating in the Consumer Staples sector. The company acquires and produces a diverse portfolio of private label products, including crackers, non-dairy creamer, and various other food items, while also maintaining some proprietary brand-name products.

TreeHouse Foods, Inc. operates approximately 26 to over 50 production facilities across the United States and Canada, with additional facilities in Italy. The company's headquarters are located in Oak Brook, Illinois, U.S. Its infrastructure allows it to efficiently serve customers across North America.

TreeHouse Foods' reputation was impacted by a voluntary recall in October 2024 of frozen waffle and pancake products due to a potential listeria outbreak, estimating a $5 million to $10 million impact. The company demonstrates leading practices in food safety, with a high percentage of its operations and supply chain certified to a Global Food Safety Initiative (GFSI) recognized scheme. However, there is room for improvement in transparency regarding nutritional quality, responsible marketing, and environmental and social inclusion measurement areas.

TreeHouse Foods, Inc. has significant institutional ownership, with approximately 107.44% of shares held by institutional investors, while retail investors hold around 1.08%. Major institutional owners include BlackRock, Inc., JANA Partners Management, LP, and The Vanguard Group, Inc. JANA Partners Management, LP is an activist hedge fund that has historically pushed for strategic changes.