date:Feb 21, 2013
decision to exit a portion of the schools Uncrustable business at the end of the 2013 school year, Mr. Belgya said. This represents sales made to the school systems, which participate in the U.S.D.A.s commodity peanut butter program. The decision is in the best long-term interest of the brand but in the short term will reduce food service sales by about $30 million in 2014. We ultimately expect to offset a good portion of this with increased sales of Uncrustables through our retail channels.