Latest news with #TreeHouseFoods
CTV News
3 days ago
- Business
- CTV News
Bick's pickles disappear from some Canadian shelves amid tariff dispute
Some Canadian shoppers have noticed something missing from their local grocery store shelves - and experts say it's a case study on how tariffs can reduce choices and raise prices. Bick's pickles, the iconic brand founded in Canada in 1951, is now owned by U.S.-based TreeHouse Foods. While the cucumbers and jar lids are sourced in Canada, the pickles are processed in the U.S. before being shipped back north. Under current trade rules, that makes them subject to counter-tariffs Ottawa imposed in response to U.S. duties on Canadian goods. 'It's a bit weird because the Bick's product is actually more Canadian than some properly labelled Canadian pickles,' Sylvian Charlebois, professor of food distribution and policy at Dalhousie University, told CTV's Your Morning Tuesday. Charlebois says the policy, aimed at pressuring Washington, ends up hurting domestic competition. 'We're tariffing products that are actually grown in Canada. If you reduce supply, prices tend to go up.' Some Canadian retailers will still carry Bick's, he noted, but availability will be reduced. Alternatives like Mrs. White's pickles, made in Canada, are still on store shelves. Ian Lee, a business analyst at Carleton University, calls the situation a 'lose-lose proposition' that punishes Canadian farmers, manufacturers and consumers. 'The jar gets hit by Canadian tariffs,' Lee told CTV News Channel in an interview Monday. 'The profit margins in grocery retailing are already razor-thin, so some stories just take them off the shelf.' According to CTV News Winnipeg, a Sobeys in the city let customers know that tariffs will impact what they can stock on their shelves. In July, a sign placed in the Winnipeg store on a shelf that normally holds Bick's Pickles read, 'Bick's Pickles are currently unavailable as an unfortunate impact of tariffs. We are pleased to offer a selection of alternatives for your shopping convenience.' The tariffs were introduced as retaliation to U.S. duties introduced by U.S. President Donald Trump. But Lee says mimicking the U.S. approach does more harm than good. 'We're poking Donald Trump in the eye but we're hurting Canadians in the process,' Lee said. has reached out to TreeHouse Foods, Sobeys and Loblaw for comment.
Yahoo
05-08-2025
- Business
- Yahoo
TreeHouse Foods (THS) Beats Q2 Earnings and Revenue Estimates
TreeHouse Foods (THS) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.1 per share. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +70.00%. A quarter ago, it was expected that this food maker would post a loss of $0.21 per share when it actually produced earnings of $0.03, delivering a surprise of +114.29%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. TreeHouse, which belongs to the Zacks Food - Miscellaneous industry, posted revenues of $801.4 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.80%. This compares to year-ago revenues of $788.5 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. TreeHouse shares have lost about 41.5% since the beginning of the year versus the S&P 500's gain of 8.2%. What's Next for TreeHouse? While TreeHouse has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for TreeHouse was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.68 on $861.45 million in revenues for the coming quarter and $1.78 on $3.37 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Food - Miscellaneous is currently in the bottom 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, BellRing Brands (BRBR), is yet to report results for the quarter ended June 2025. The results are expected to be released on August 4. This nutritional supplements company is expected to post quarterly earnings of $0.49 per share in its upcoming report, which represents a year-over-year change of -9.3%. The consensus EPS estimate for the quarter has been revised 0% higher over the last 30 days to the current level. BellRing Brands' revenues are expected to be $532.39 million, up 3.3% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TreeHouse Foods, Inc. (THS) : Free Stock Analysis Report BellRing Brands Inc. (BRBR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-07-2025
- Business
- Yahoo
3 Consumer Stocks That Fall Short
Consumer staples are considered safe havens in turbulent markets due to their inelastic demand profiles. The flip side is that they frequently fall behind growth industries when times are good, and this perception became a reality over the past six months as the sector was down 7.6% while the S&P 500 was up 4.1%. Investors should tread carefully as the low switching costs for everyday products mean that not all businesses are created equal. On that note, here are three consumer stocks we're steering clear of. Kimberly-Clark (KMB) Market Cap: $42.32 billion Originally founded as a Wisconsin paper mill in 1872, Kimberly-Clark (NYSE:KMB) is now a household products powerhouse known for personal care and tissue products. Why Is KMB Not Exciting? Products fail to spark excitement with consumers, as seen in its flat sales over the last three years Flat unit sales over the past two years suggest it might have to lower prices to stimulate growth Projected sales decline of 3.1% for the next 12 months points to an even tougher demand environment ahead Kimberly-Clark's stock price of $128.29 implies a valuation ratio of 16.8x forward P/E. Check out our free in-depth research report to learn more about why KMB doesn't pass our bar. TreeHouse Foods (THS) Market Cap: $1.01 billion Whether it be packaged crackers, broths, or beverages, Treehouse Foods (NYSE:THS) produces a wide range of private-label foods for grocery and food service customers. Why Should You Dump THS? Falling unit sales over the past two years show it's struggled to move its products and had to rely on price increases Easily substituted products (and therefore stiff competition) result in an inferior gross margin of 16.4% that must be offset through higher volumes Low returns on capital reflect management's struggle to allocate funds effectively TreeHouse Foods is trading at $20.01 per share, or 10.3x forward P/E. To fully understand why you should be careful with THS, check out our full research report (it's free). Tyson Foods (TSN) Market Cap: $19.03 billion Started as a simple trucking business, Tyson Foods (NYSE:TSN) is one of the world's largest producers of chicken, beef, and pork. Why Is TSN Risky? Sizable revenue base leads to growth challenges as its 1.5% annual revenue increases over the last three years fell short of other consumer staples companies Gross margin of 7.1% is an output of its commoditized products Falling earnings per share over the last three years has some investors worried as stock prices ultimately follow EPS over the long term At $53.72 per share, Tyson Foods trades at 14.3x forward P/E. If you're considering TSN for your portfolio, see our FREE research report to learn more. Stocks We Like More When Trump unveiled his aggressive tariff plan in April 2024, markets tanked as investors feared a full-blown trade war. But those who panicked and sold missed the subsequent rebound that's already erased most losses. Don't let fear keep you from great opportunities and take a look at Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Yahoo
18-07-2025
- Business
- Yahoo
TreeHouse Foods (THS) Stock Trades Up, Here Is Why
What Happened? Shares of private label food company TreeHouse Foods (NYSE:THS) jumped 3.5% in the afternoon session after new economic data showed unexpected strength in the U.S. economy. The positive sentiment across Wall Street came after a Commerce Department report showed U.S. retail sales rose a better-than-expected 0.6% in June, signaling resilient consumer spending. This news helped ease investor fears about a potential recession, boosting stocks across the consumer staples sector. For a company like TreeHouse Foods, which manufactures private-label snacks and beverages for retailers, signs of a strong and active consumer are encouraging. Robust consumer spending can translate into sustained demand for grocery products, supporting the stock's upward movement in line with the overall market trend. The positive data was reinforced by a separate report showing that first-time applications for unemployment benefits fell to a three-month low, indicating a steady job market. Also, the second quarter (2025) earnings season got off to a strong start. Quarterly earnings reports released during the week exceeded Wall Street's expectations, fueling investor confidence. Around 50 S&P 500 components reported, with 88% of those exceeding analysts' expectations, FactSet data revealed. The shares closed the day at $20.18, up 3.8% from previous close. Is now the time to buy TreeHouse Foods? Access our full analysis report here, it's free. What Is The Market Telling Us TreeHouse Foods's shares are somewhat volatile and have had 13 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 1 day ago when the stock gained 3.1% on the news that the stock rebounded from a 52-week low set in the previous session. Shares hit a new 52-week low of $19.13 the previous day. The stock had been under pressure, falling nearly 39% over the previous six months and almost 50% over the previous year, reflecting broader challenges and investor concerns. Despite the recent downturn, there were some potentially positive signs for investors. The company's President, Steven Oakland, recently purchased $100,000 worth of shares, an insider buying signal that can suggest management's confidence in the business's prospects. TreeHouse Foods is down 42.1% since the beginning of the year, and at $20.18 per share, it is trading 53.3% below its 52-week high of $43.22 from September 2024. Investors who bought $1,000 worth of TreeHouse Foods's shares 5 years ago would now be looking at an investment worth $468.21. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Sign in to access your portfolio
Yahoo
22-06-2025
- Business
- Yahoo
TreeHouse Foods (NYSE:THS) investors are sitting on a loss of 51% if they invested five years ago
Generally speaking long term investing is the way to go. But no-one is immune from buying too high. For example, after five long years the TreeHouse Foods, Inc. (NYSE:THS) share price is a whole 51% lower. We certainly feel for shareholders who bought near the top. We also note that the stock has performed poorly over the last year, with the share price down 43%. Shareholders have had an even rougher run lately, with the share price down 21% in the last 90 days. With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. While TreeHouse Foods made a small profit, in the last year, we think that the market is probably more focussed on the top line growth at the moment. Generally speaking, we'd consider a stock like this alongside loss-making companies, simply because the quantum of the profit is so low. For shareholders to have confidence a company will grow profits significantly, it must grow revenue. Over half a decade TreeHouse Foods reduced its trailing twelve month revenue by 3.8% for each year. While far from catastrophic that is not good. With neither profit nor revenue growth, the loss of 9% per year doesn't really surprise us. We don't think anyone is rushing to buy this stock. Ultimately, it may be worth watching - should revenue pick up, the share price might follow. The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image). It's good to see that there was some significant insider buying in the last three months. That's a positive. On the other hand, we think the revenue and earnings trends are much more meaningful measures of the business. If you are thinking of buying or selling TreeHouse Foods stock, you should check out this free report showing analyst profit forecasts. TreeHouse Foods shareholders are down 43% for the year, but the market itself is up 12%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 9% per year over five years. We realise that Baron Rothschild has said investors should "buy when there is blood on the streets", but we caution that investors should first be sure they are buying a high quality business. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Like risks, for instance. Every company has them, and we've spotted 3 warning signs for TreeHouse Foods (of which 1 shouldn't be ignored!) you should know about. TreeHouse Foods is not the only stock that insiders are buying. For those who like to find lesser know companies this free list of growing companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
