TreeHouse off to solid start behind record first-quarter earnings
date:May 13, 2013
Acquisitions and pricing boosted sales and led earnings higher at TreeHouse Foods, Inc. in the first quarter of fiscal 2013. Net income in the quarter ended March 31 was $22,974,000, equal to 63c per share on the common stock, up 4% from $22,074,000, or 61c per share, in the same period a year ago. The most recent quarterly results included two unusual items: a 14c per share expense related to the restructuring of the companys soup operations and the Seaforth, Ont., salad dressing plant closing,
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