date:May 07, 2014
Hillshire Brands Co on Tuesday reported better-than-expected quarterly sales after raising prices to offset higher costs for the pork and beef used to make its Ball Park hot dogs and Jimmy Dean sausage.
Shares of the company were up 3.5 percent at $36.53 in afternoon trading.
The results from the company, which also sells Hillshire Farm lunch meat and more upscale Aidells sausages and meatballs, came as a host of food companies, including Kraft Foods Group Inc, McDonald's Corp and Chipotle Mex