Lower margins lead to lower income for Smithfield Foods
date:Jun 15, 2012
at our packaged meats business affords us the biggest growth opportunities as we more fully evolve into a consumer packaged meats company, Pope said. We are gaining momentum in this business and remain committed to increasing our consumer marketing spending and building a consumer relevant product innovation pipeline to fuel this growth. In fiscal 2013, our stakeholders will see a significant amount of new product innovation. As such, we are increasing our normalized range in packaged meats by 2
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