UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 8, 2008
TREEHOUSE FOODS, INC.
(Exact Name of Registrant as Specified in its Charter)
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| Delaware
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001-32504
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20-2311383 |
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(Commission file number)
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( I.R.S. employer |
| of incorporation)
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identification no.) |
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| Two Westbrook Corporate Center |
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| Suite 1070 |
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| Westchester, IL
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60154 |
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(Zip Code) |
Registrant’s telephone number, including area code: (708) 483-1300
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) |
Item 2.02. Results of Operations and Financial Condition
On May 8, 2008, TreeHouse Foods, Inc. (NYSE: THS) (“TreeHouse”) issued a press release announcing
its financial and operating results for the fiscal quarter ended March 31, 2008 and providing
information relating to its previously announced webcast being held to discuss such results. A copy
of this press release is furnished as Exhibit 99.1 to this report and is incorporated herein by
reference.
Item 8.01. Other Events
Effective January 1, 2008, we realigned the manner in which the business is managed and now focus
on operating results based on channels of distribution. Previously, we managed our business based on
product categories. Our change in focus from product to channel based is consistent with management’s
long-term operating strategy and the manner in which the Company reports its results to the chief
operating decision maker. Furthermore, this change was necessary due to the acquisitions that had
occurred during 2007, as we added numerous products throughout the year. The change in reportable
segments will also permit the Company to integrate future acquisitions more efficiently and provide
our investors with greater comparability to our peer group, as many of them also present results
based on distribution channels. As a result our new
reportable segments are North American retail grocery, food away from home, and industrial and
export. Segment performance is evaluated based on net sales dollars, gross profit and direct
operating income (gross profit less freight out, sales commissions and direct segment expenses).
For comparability and investor analysis purposes, the Company is recasting the presentation of
selected segment information by quarter for 2007 and 2006. These changes do not affect the
Company’s Consolidated Statements of Income, Consolidated Balance Sheets, Consolidated Statements
of Stockholders’ Equity and Parent’s Net Investment or Consolidated Statements of Cash Flows.
Item 9.01 on this Current Report on Form 8-K provides the segment information described above for
the periods noted.
Item 9.01. Other Events
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Exhibit |
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Description |
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99.1 |
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Press Release dated May 8, 2008, announcing financial results for the fiscal quarter ended March 31, 2008 |
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99.2 |
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Recast quarterly segment information for 2007 and 2006 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report on Form 8-K to be signed on its behalf by the undersigned,
hereunto duly authorized.
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TreeHouse Foods, Inc. |
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By:
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/s/ Dennis F. Riordan |
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Name:
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Dennis F. Riordan |
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Senior Vice President and Chief Financial Officer |
Date: May 8, 2008