Treehouse Foods (THS) CEO On Earnings & Inflation

Treehouse Foods (THS) CEO, Steve Oakland, joins Renita Young to discuss THS. He talks about THS's earnings which were released today, May 8th. Its adjusted EPS came in at $0.68 versus an estimated $0.39 and revenue came in at $894.8M versus an estimated $849.03M. He notes that THS 2Q revenue outlook is $810M-$840M. He mentions how THS's portfolio includes crackers, pretzels, coffee, and cookies. He then goes over the impact of inflation, supply chain, and labor on THS. Finally, he notes that THS's 1Q sales growth was 15.8% year-over-year. Tune in to find out more about the stock market today.