date:Aug 03, 2012
ion, consisting of employee separation and related expenses. Half of the costs are expected to be recorded in fiscal 2012 and fiscal 2013, the company said.
The strategic restructuring is expected to be complete by fiscal 2014.
Ralcorp also provided a preliminary look at its third-quarter financial results. The company said sales in the third quarter ended June 30 increased 11% behind acquisitions and higher net pricing in all segments in response to rising commodity costs. Earnings per share fr