date:Feb 17, 2014
2 per share, in the prior-year period. Earnings benefited from the companys share repurchase activities over the past year.
Net sales declined 6% to $1,465.5 million from $1,559.6 million, reflecting volume, planned product rationalization and competitive pricing, as well as recent trade activities.
The U.S. Retail Coffee segment profit rose 4% during the quarter, due to increased volume, lower green coffee costs and decreased marketing expenses that partially offset an unfavorable mix. Sales