date:May 23, 2012
hers, Morrison added.
During the quarter, the company had to increase prices to offset higher commodity prices, even as volumes continued to decline in key categories.
Sales for US Simple Meals were $567m for the third quarter, down 2% compared to the year-ago period, while sales for Global Baking and Snacking increased 3% to $543m.
Sales for International Simple Meals and Beverages were $349m, a decrease of 1%. Sales for US Beverages were $208m for the third quarter, an increase of 5%. In