date:Mar 08, 2013
Pinnacle Foods returned to profitability during fiscal 2012 as the company experienced less in charges than during the previous year.
Net earnings for the year ended Dec. 30, 2012, were $52,519,000, which compared with a loss of $46,914,000 during the previous year. Sales for the year were $2,478,485,000, nearly flat compared with $2,469,562,000 during fiscal 2011.
During the year the company faced $66 million in pre-tax charges on restructuring and refinancing. In fiscal 2011, the company fac