date:Apr 28, 2014
oft retail environment and a shift in timing of the Easter holiday.
The company gained market share within the U.S. non-chocolate candy, mint and gum categories but faced an unexpected decline in chocolate market share.
For the first quarter ended March 30, net income increased 4.4% to $252,495,000, equal to $1.16 per share on the common stock, which compared with $241,906,000, or $1.11 per share, in the prior-year period.
Net sales advanced to $1,871,813,000, up 2.4% from $1,827,426,000 the