TreeHouse Foods (THS) 8-K TreeHouse Foods, Inc. Reports First Quarter 2008 Results

Exhibit 99.2

TreeHouse Foods, Inc.
Segment Realignment — Net Revenues
Quarterly 2007
($ in thousands) (Unaudited)

	Q1		Q2		Q3		Q4		Total
Net Sales to external customers — As Reported
Pickles	$	72,440	$	94,296	$	81,375	$	81,575	$	329,686
Non-dairy powdered creamer		71,814		65,642		70,019		91,716		299,191
Soup and infant feeding		85,784		61,279		79,960		95,200		322,223
Other		28,946		34,814		40,597		102,445		206,802
Total	$	258,984	$	256,031	$	271,951	$	370,936	$	1,157,902
Net Sales to external customers — As Recast
North American retail grocery	$	146,588	$	138,211	$	145,936	$	232,771	$	663,506
Food away from home		55,191		64,013		65,736		69,640		254,580
Industrial and export		57,205		53,807		60,279		68,525		239,816
Total	$	258,984	$	256,031	$	271,951	$	370,936	$	1,157,902

TreeHouse Foods, Inc.
Segment Realignment — Operating Income
Quarterly 2007
($ in thousands) (Unaudited)

	Q1		Q2		Q3		Q4		Total
Operating income — As Reported
Pickles	$	7,976	$	10,596	$	11,209	$	10,682	$	40,463
Non-dairy powdered creamer		12,334		12,710		14,119		18,491		57,654
Soup and infant feeding		12,932		9,660		11,994		13,521		48,107
Other		4,870		6,360		6,952		11,839		30,021
Segment adjusted gross margin		38,112		39,326		44,274		54,533		176,245
Other operating expenses		22,135		20,177		22,335		26,654		91,301
Operating income	$	15,977	$	19,149	$	21,939	$	27,879	$	84,944
Operating income — As Recast
North American retail grocery	$	18,605	$	17,727	$	21,088	$	27,873	$	85,293
Food away from home		5,947		7,330		7,647		7,396		28,320
Industrial and export		6,488		7,199		8,499		10,517		32,703
Direct operating income		31,040		32,256		37,234		45,786		146,316
Other operating expenses		15,063		13,107		15,295		17,907		61,372
Operating income	$	15,977	$	19,149	$	21,939	$	27,879	$	84,944

Exhibit 99.2

TreeHouse Foods, Inc.
Segment Realignment — Net Revenues
Quarterly 2006
($ in thousands) (Unaudited)

	Q1		Q2		Q3		Q4		Total
Net Sales to external customers — As Reported
Pickles	$	74,141	$	98,291	$	78,528	$	75,353	$	326,313
Non-dairy powdered creamer		66,838		60,775		63,860		75,912		267,385
Soup and infant feeding		—		42,659		78,736		102,794		224,189
Other		31,745		30,393		30,560		28,811		121,509
Total	$	172,724	$	232,118	$	251,684	$	282,870	$	939,396
Net Sales to external customers — As Recast
North American retail grocery	$	73,594	$	124,700	$	138,670	$	165,823	$	502,787
Food away from home		57,126		63,876		62,727		57,049		240,778
Industrial and export		42,004		43,542		50,287		59,998		195,831
Total	$	172,724	$	232,118	$	251,684	$	282,870	$	939,396

TreeHouse Foods, Inc.
Segment Realignment — Operating Income
Quarterly 2006
($ in thousands) (Unaudited)

	Q1		Q2		Q3		Q4			Total
Operating income — As Reported
Pickles	$	11,833	$	12,877	$	8,684	$	9,480		$	42,874
Non-dairy powdered creamer		13,159		11,226		11,863		14,574			50,822
Soup and infant feeding		—		4,355		13,301		12,719			30,375
Other		5,894		6,561		5,951		5,156			23,562
Segment adjusted gross margin		30,886		35,019		39,799		41,929			147,633
Other operating expenses		18,779		20,985		22,515		1,000			63,279
Operating income	$	12,107	$	14,034	$	17,284	$	40,929		$	84,354
Operating income — As Recast
North American retail grocery	$	10,773	$	16,358	$	21,686	$	22,753		$	71,570
Food away from home		9,324		8,122		7,045		6,069			30,560
Industrial and export		7,799		6,495		6,739		8,041			29,074
Direct operating income		27,896		30,975		35,470		36,863			131,204
Other operating expenses		15,789		16,941		18,186		(4,066	)		46,850
Operating income	$	12,107	$	14,034	$	17,284	$	40,929		$	84,354