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Wednesday, July 06, 2011 2:33:27 PM
TreeHouse Foods, Inc. Lowers 2011 Guidance as Pricing Lags Cost Increases
| Wednesday, June 22, 2011 5:41 PM |
[PR Newswire] - TreeHouse Foods, Inc. today announced that the lag in the Company's pricing actions in response to higher freight, transportation, packaging and other related commodity costs has continued and is expected to be most acute during the second quarter. As a result, the Company is lowering its full year 2011 adjusted earnings per share guidance to a range of $2.90 to $3.00 with the second quarter results expected to be between $0.42 and $0.44 per share.
Related News: Similar Content http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/prnews/110622/cg24656.html?.v=1#rssowlmlink
| Wednesday, June 22, 2011 5:41 PM |
[PR Newswire] - TreeHouse Foods, Inc. today announced that the lag in the Company's pricing actions in response to higher freight, transportation, packaging and other related commodity costs has continued and is expected to be most acute during the second quarter. As a result, the Company is lowering its full year 2011 adjusted earnings per share guidance to a range of $2.90 to $3.00 with the second quarter results expected to be between $0.42 and $0.44 per share.
Related News: Similar Content http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/prnews/110622/cg24656.html?.v=1#rssowlmlink
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