Attached files
| file | filename |
|---|---|
| EX-99.1 - EXHIBIT 99.1 - TreeHouse Foods, Inc. | thsq12020ex991.htm |
| 8-K - 8-K - TreeHouse Foods, Inc. | thsq120208k.htm |
Exhibit 99.2
TREEHOUSE FOODS, INC.
SEGMENT NET SALES
RECAST FOR SEGMENT REALIGNMENT
(Unaudited, in millions)
Year Ended December 31, 2019 | Year Ended December 31, 2018 | |||||||
Net sales to external customers - as previously reported | ||||||||
Baked Goods | $ | 1,465.2 | $ | 1,551.4 | ||||
Beverages | 952.4 | 1,008.4 | ||||||
Meal Solutions | 1,871.3 | 2,028.0 | ||||||
Total net sales | $ | 4,288.9 | $ | 4,587.8 | ||||
Net sales to external customers - as recast | ||||||||
Meal Preparation | $ | 2,680.7 | $ | 2,871.6 | ||||
Snacking & Beverages | 1,608.2 | 1,716.2 | ||||||
Total net sales | $ | 4,288.9 | $ | 4,587.8 | ||||
Three Months Ended | ||||||||||||||||
March 30, 2019 | June 30, 2019 | September 30, 2019 | December 31, 2019 | |||||||||||||
Net sales to external customers - as previously reported | ||||||||||||||||
Baked Goods | $ | 364.7 | $ | 342.2 | $ | 351.8 | $ | 406.5 | ||||||||
Beverages | 237.2 | 212.8 | 234.4 | 268.0 | ||||||||||||
Meal Solutions | 464.9 | 470.3 | 471.1 | 465.0 | ||||||||||||
Total net sales | $ | 1,066.8 | $ | 1,025.3 | $ | 1,057.3 | $ | 1,139.5 | ||||||||
Net sales to external customers - as recast | ||||||||||||||||
Meal Preparation | $ | 670.7 | $ | 657.5 | $ | 656.5 | $ | 696.0 | ||||||||
Snacking & Beverages | 396.1 | 367.8 | 400.8 | 443.5 | ||||||||||||
Total net sales | $ | 1,066.8 | $ | 1,025.3 | $ | 1,057.3 | $ | 1,139.5 | ||||||||
Exhibit 99.2
TREEHOUSE FOODS, INC.
SEGMENT OPERATING INCOME
RECAST FOR SEGMENT REALIGNMENT
(Unaudited, in millions)
Year Ended December 31, 2019 | Year Ended December 31, 2018 | |||||||
Operating income (loss) - as previously reported | ||||||||
Baked Goods | $ | 161.4 | $ | 142.9 | ||||
Beverages | 167.0 | 180.3 | ||||||
Meal Solutions | 227.1 | 253.5 | ||||||
Total segment direct operating income | 555.5 | 576.7 | ||||||
Unallocated operating expenses | (571.6 | ) | (493.3 | ) | ||||
Operating (loss) income | $ | (16.1 | ) | $ | 83.4 | |||
Operating income (loss) - as recast | ||||||||
Meal Preparation | $ | 381.3 | $ | 418.9 | ||||
Snacking & Beverages | 192.8 | 180.2 | ||||||
Total segment direct operating income | 574.1 | 599.1 | ||||||
Unallocated operating expenses | (590.2 | ) | (515.7 | ) | ||||
Operating (loss) income | $ | (16.1 | ) | $ | 83.4 | |||
Three Months Ended | ||||||||||||||||
March 30, 2019 | June 30, 2019 | September 30, 2019 | December 31, 2019 | |||||||||||||
Operating income (loss) - as previously reported | ||||||||||||||||
Baked Goods | $ | 41.3 | $ | 35.5 | $ | 30.7 | $ | 53.9 | ||||||||
Beverages | 43.9 | 40.6 | 38.3 | 44.2 | ||||||||||||
Meal Solutions | 47.4 | 55.4 | 60.4 | 63.9 | ||||||||||||
Total segment direct operating income | 132.6 | 131.5 | 129.4 | 162.0 | ||||||||||||
Unallocated operating expenses | (117.1 | ) | (139.4 | ) | (185.0 | ) | (130.1 | ) | ||||||||
Operating income (loss) | $ | 15.5 | $ | (7.9 | ) | $ | (55.6 | ) | $ | 31.9 | ||||||
Operating income (loss) - as recast | ||||||||||||||||
Meal Preparation | $ | 90.8 | $ | 90.3 | $ | 92.4 | $ | 107.8 | ||||||||
Snacking & Beverages | 46.9 | 46.0 | 41.3 | 58.6 | ||||||||||||
Total segment direct operating income | 137.7 | 136.3 | 133.7 | 166.4 | ||||||||||||
Unallocated operating expenses | (122.2 | ) | (144.2 | ) | (189.3 | ) | (134.5 | ) | ||||||||
Operating income (loss) | $ | 15.5 | $ | (7.9 | ) | $ | (55.6 | ) | $ | 31.9 | ||||||