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Bob Evans reports higher income, lower net sales
date:Jun 07, 2012
oods segment profitably.

The FY 2012 Foods segments non-GAAP operating income was $19.7 million, or 6.3 percent of net sales, in fiscal 2012, compared with non-GAAP operating income of $25.8 million, or 8.1 percent of net sales, in fiscal 2011.

The Foods segment's net sales were $314.7 million in fiscal 2012, down 1.6 percent, compared to $320.0 million in fiscal 2011. Total lbs. sold were essentially flat, while an increase in promotional discounts of $4.4 million, primarily in response to co

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