date:May 04, 2014
cutive officer of Grupo Bimbo, looked at the first quarter from two perspectives.
On the one hand, we have challenging headwinds and top-line comparables in our two largest markets while at the same time we saw solid improvements in our other operations, he said.
Flat second-quarter sales largely were attributed to the required divestiture of the Sara Lee brand in California.
We are also cycling through the impact of the Hostess exit, and now theyre reentering (resulting in) increased competi