Exhibit 99.2
TREEHOUSE FOODS, INC.
SEGMENT REALIGNMENT - NET SALES
QUARTERLY 2018
(In millions)
Q1 | Q2 | Q3 | Q4 | 2018 | ||||||||||||||||
(Unaudited) | ||||||||||||||||||||
Net sales to external customers - as previously reported | ||||||||||||||||||||
Baked Goods | $ | 346.0 | $ | 319.1 | $ | 332.8 | $ | 387.4 | $ | 1,385.3 | ||||||||||
Beverages | 249.1 | 236.4 | 236.3 | 286.6 | 1,008.4 | |||||||||||||||
Condiments | 315.2 | 336.1 | 317.1 | 284.1 | 1,252.5 | |||||||||||||||
Meals | 277.0 | 246.5 | 253.7 | 262.8 | 1,040.0 | |||||||||||||||
Snacks | 293.9 | 317.7 | 254.1 | 260.2 | 1,125.9 | |||||||||||||||
Total net sales | $ | 1,481.2 | $ | 1,455.8 | $ | 1,394.0 | $ | 1,481.1 | $ | 5,812.1 | ||||||||||
Net sales to external customers - as recast | ||||||||||||||||||||
Baked Goods | $ | 455.4 | $ | 426.6 | $ | 443.5 | $ | 490.2 | $ | 1,815.7 | ||||||||||
Beverages | 249.1 | 236.4 | 236.3 | 286.6 | 1,008.4 | |||||||||||||||
Meal Solutions | 523.3 | 518.5 | 504.5 | 481.7 | 2,028.0 | |||||||||||||||
Snacks | 253.4 | 274.3 | 209.7 | 222.6 | 960.0 | |||||||||||||||
Total net sales | $ | 1,481.2 | $ | 1,455.8 | $ | 1,394.0 | $ | 1,481.1 | $ | 5,812.1 |
TREEHOUSE FOODS, INC.
SEGMENT REALIGNMENT - OPERATING INCOME (LOSS)
QUARTERLY 2018
(In millions)
Q1 | Q2 | Q3 | Q4 | 2018 | ||||||||||||||||
(Unaudited) | ||||||||||||||||||||
Operating income (loss) - as previously reported | ||||||||||||||||||||
Baked Goods | $ | 28.0 | $ | 30.7 | $ | 35.2 | $ | 55.9 | $ | 149.8 | ||||||||||
Beverages | 39.4 | 45.8 | 44.1 | 51.0 | 180.3 | |||||||||||||||
Condiments | 27.2 | 36.2 | 49.4 | 35.7 | 148.5 | |||||||||||||||
Meals | 29.9 | 28.4 | 29.8 | 37.8 | 125.9 | |||||||||||||||
Snacks | 6.7 | 4.4 | (3.8 | ) | (5.0 | ) | 2.3 | |||||||||||||
Total segment direct operating income | 131.2 | 145.5 | 154.7 | 175.4 | 606.8 | |||||||||||||||
Unallocated operating expenses | 139.9 | 142.3 | 123.8 | 132.9 | 538.9 | |||||||||||||||
Operating income (loss) | $ | (8.7 | ) | $ | 3.2 | $ | 30.9 | $ | 42.5 | $ | 67.9 | |||||||||
Operating income (loss) - as recast | ||||||||||||||||||||
Baked Goods | $ | 28.0 | $ | 37.3 | $ | 37.3 | $ | 57.2 | $ | 159.8 | ||||||||||
Beverages | 39.4 | 45.8 | 44.1 | 51.0 | 180.3 | |||||||||||||||
Meal Solutions | 56.2 | 58.0 | 74.0 | 69.3 | 257.5 | |||||||||||||||
Snacks | 7.6 | 4.4 | (0.7 | ) | (2.1 | ) | 9.2 | |||||||||||||
Total segment direct operating income | 131.2 | 145.5 | 154.7 | 175.4 | 606.8 | |||||||||||||||
Unallocated operating expenses | 139.9 | 142.3 | 123.8 | 132.9 | 538.9 | |||||||||||||||
Operating income (loss) | $ | (8.7 | ) | $ | 3.2 | $ | 30.9 | $ | 42.5 | $ | 67.9 |
TREEHOUSE FOODS, INC.
SEGMENT REALIGNMENT - NET SALES
QUARTERLY 2017
(In millions)
Q1 | Q2 | Q3 | Q4 | 2017 | ||||||||||||||||
(Unaudited) | ||||||||||||||||||||
Net sales to external customers - as previously reported | ||||||||||||||||||||
Baked Goods | $ | 341.1 | $ | 324.3 | $ | 351.2 | $ | 387.3 | $ | 1,403.9 | ||||||||||
Beverages | 268.0 | 246.2 | 244.9 | 314.3 | 1,073.4 | |||||||||||||||
Condiments | 310.1 | 344.9 | 333.8 | 311.8 | 1,300.6 | |||||||||||||||
Meals | 324.0 | 288.4 | 284.6 | 292.2 | 1,189.2 | |||||||||||||||
Snacks | 290.6 | 317.0 | 332.6 | 394.3 | 1,334.5 | |||||||||||||||
Unallocated | 2.4 | 1.4 | 1.7 | — | 5.5 | |||||||||||||||
Total net sales | $ | 1,536.2 | $ | 1,522.2 | $ | 1,548.8 | $ | 1,699.9 | $ | 6,307.1 | ||||||||||
Net sales to external customers - as recast | ||||||||||||||||||||
Baked Goods | $ | 462.4 | $ | 444.3 | $ | 471.4 | $ | 498.2 | $ | 1,876.3 | ||||||||||
Beverages | 268.0 | 246.2 | 244.9 | 314.3 | 1,073.4 | |||||||||||||||
Meal Solutions | 557.1 | 559.2 | 543.1 | 534.6 | 2,194.0 | |||||||||||||||
Snacks | 246.3 | 271.1 | 287.7 | 352.8 | 1,157.9 | |||||||||||||||
Unallocated | 2.4 | 1.4 | 1.7 | — | 5.5 | |||||||||||||||
Total net sales | $ | 1,536.2 | $ | 1,522.2 | $ | 1,548.8 | $ | 1,699.9 | $ | 6,307.1 |
TREEHOUSE FOODS, INC.
SEGMENT REALIGNMENT - OPERATING INCOME (LOSS)
QUARTERLY 2017
(In millions)
Q1 | Q2 | Q3 | Q4 | 2017 | ||||||||||||||||
(Unaudited) | ||||||||||||||||||||
Operating income (loss) - as previously reported | ||||||||||||||||||||
Baked Goods | $ | 41.9 | $ | 32.5 | $ | 46.9 | $ | 54.2 | $ | 175.5 | ||||||||||
Beverages | 58.7 | 60.3 | 51.7 | 56.2 | 226.9 | |||||||||||||||
Condiments | 31.7 | 36.0 | 34.4 | 34.4 | 136.5 | |||||||||||||||
Meals | 34.0 | 33.8 | 32.1 | 37.4 | 137.3 | |||||||||||||||
Snacks | 12.5 | 10.1 | 1.8 | 1.1 | 25.5 | |||||||||||||||
Total segment direct operating income | 178.8 | 172.7 | 166.9 | 183.3 | 701.7 | |||||||||||||||
Unallocated operating expenses | 111.5 | 196.5 | 109.3 | 697.2 | 1,114.5 | |||||||||||||||
Operating income (loss) | $ | 67.3 | $ | (23.8 | ) | $ | 57.6 | $ | (513.9 | ) | $ | (412.8 | ) | |||||||
Operating income (loss) - as recast | ||||||||||||||||||||
Baked Goods | $ | 48.4 | $ | 40.9 | $ | 52.5 | $ | 60.0 | $ | 201.8 | ||||||||||
Beverages | 58.7 | 60.3 | 51.7 | 56.2 | 226.9 | |||||||||||||||
Meal Solutions | 59.3 | 62.7 | 61.4 | 66.6 | 250.0 | |||||||||||||||
Snacks | 12.4 | 8.8 | 1.3 | 0.5 | 23.0 | |||||||||||||||
Total segment direct operating income | 178.8 | 172.7 | 166.9 | 183.3 | 701.7 | |||||||||||||||
Unallocated operating expenses | 111.5 | 196.5 | 109.3 | 697.2 | 1,114.5 | |||||||||||||||
Operating income (loss) | $ | 67.3 | $ | (23.8 | ) | $ | 57.6 | $ | (513.9 | ) | $ | (412.8 | ) |