date:Jun 30, 2014
t we believe the strategy shift will improve our performance, he said.
The Commercial Foods segment had an operating profit of $774.6 million, up 6% from $731.3 million during the previous year. The segment had sales of $6,191.2 million, up 2% from $6,067 million.
The Private Brands segment sustained a loss of $375 million in fiscal 2014, which compared with a profit of $123.1 million in fiscal 2013. Net sales jumped 132% to $4,195.9 million from $1,808.2 million.
For the fourth quarter ended