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Pinnacle Foods income jumps on business model
date:May 16, 2013
Lower interest expense, lower debt levels and previous refinancing activities contributed to a 160% increase in income at Pinnacle Foods, Inc. during the first quarter.

For the quarter ended March 31, the company has earnings of $24,796,000, equal to 31c per share on the common stock, which compared with $9,539,000, or 12c per share, during the same quarter of the previous year. Sales for the quarter were $612,981,000, down narrowly from $616,925,000.

We are pleased with our excellent start to

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