TreeHouse Foods profit tops forecasts
By Sony Kassam Despite increased competition and an unfavorable pricing environment, TreeHouse Foods Inc. released fourth quarter results that outperformed Wall Street’s expectations Thursday. The Oak Brook, Illinois-based provider of private label foods and beverages said net income rose 9.8 percent to $37.3 million, or 85 cents per diluted share, from $33.9 million, or 78 […]
RetailMeNot shares dive on downbeat forecast
By Sony Kassam Shares of RetailMeNot Inc. plunged Tuesday after the online coupon company revealed solid fourth quarter results – but cautioned investors that 2016 results will fall short of Wall Street forecasts. In the latest quarter, the Austin, Texas-based company reported net income of $9 million, or 17 cents per diluted share, down 36 […]
