date:Aug 14, 2012
However, despite a Q4 increase of $1.02bn in net sales, Hillshire reported a decrease in adjusted operating segment income of 3.1% to $100m, as well as a decline in reported operating segment income of 0.4% to $76m.
The companys full-year fiscal 2012 results from continuing operations showed a 4% increase in adjusted net sales to $4.40bn (up 1.9%), while adjusted operating segment income decreased by 4.7% and operating segment income decreased by $351m. MAP spend was up 11% for the year.
Hil