1002 ET - TreeHouse Foods says the industry is going through dramatic changes and uncertainty, thanks to the rise of weight-loss drugs, inflation and more. CEO Steve Oakland says the store-brand food company makes goods that have seen annual sales growth of 3% to 5% by volume in the past decade, versus today's low- to no-growth environment. Oakland says the impact of weight-loss drugs will become clearer over the next year or two and that now is a good time for TreeHouse to rethink how it runs its business. "We can't have a more uncertain environment today with tariffs and all the things that are going on around us," Oakland says. He adds that the company is "making strategic decisions on margin management on new and existing business with a goal of prioritizing gross profit dollars." TreeHouse surges 18%. (jesse.newman@wsj.com)
(END) Dow Jones Newswires
February 14, 2025 10:02 ET (15:02 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。