TreeHouse Foods Inc (NYSE:THS) reported a second-quarter 2024 sales decline of 1.9% year-over-year to $788.5 million, beating the consensus of $783.649 million. The sales decrease was due to commodity pricing adjustments and planned distribution exits in coffee and in-store bakery categories, partially offset by new business wins and the Coffee Roasting Capability acquisition. Gross margin for the quarter contracted 30 basis points year over year to 16.3%. Adjusted EBITDA from continuing operations was $70.6 million, compared to $76.3 million a year ago, and the margin was 9%, down 50 bps. The company reported an operating ...