Delivered Strong Q1 Profitability Despite Challenging Macro Conditions
Improved Capital Structure through Redemption of 2024 Notes and Credit Facility Refinancing
HIGHLIGHTS
- Revenue of $1.06 billion, gross profit margin of 17.1% and adjusted gross profit margin of 18.1%.
- Earnings per diluted share from continuing operations was $0.01 compared to a loss of $(0.58) for the same period in 2020.
- Adjusted earnings per diluted share from continuing operations was $0.36 compared to $0.37 for the same period in 2020.
- TreeHouse reaffirmed its full year 2021 guidance ranges of $2.80 - $3.20 for adjusted earnings per diluted share from continuing operations and $4.40 to $4.60 billion of reported net sales.
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