Pointing to continued growth of own brands along with trends in snacks, company officials feel the private label supplier is well positioned for the future.
Company officials said the decrease was due in part to unfavorable volume/mix related to planned distribution exits primarily in its coffee and in-store bakery categories
The private label supplier's new Environmental, Social & Governance Report outlines the company's efforts on various issues including reducing food waste and charitable donations.
The company said distribution exits in its coffee and in-store bakery categories, as well as the restart of one of TreeHouse’s broth facilities negatively impacted sales figures.