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ConAgra Foods reports loss in Q4 over pension accounting change
date:Jun 25, 2012
According to the company, it changed its methods of accounting for pensions during this quarter to offer better transparency to its core business performance.
Excluding pension accounting changes, hedging items and other one-time charges, adjusted earnings from continuing operations were $0.51 per share, up from $0.47 per share a year ago.
Revenue increased 6.3% to $3.41bn, as the company passed the increasing costs of raw materials to consumers through price hikes.
ConAgra Foods chief executive

12/16 08:10