date:May 07, 2014
ican Grill Inc, raise prices because of soaring pork and beef costs.
Hillshire's third-quarter net sales rose 3.4 percent to $955 million, topping the average analyst estimate of $939 million. Price increases and strong sales of products like Jimmy Dean breakfast sandwiches helped to more than offset an overall volume decline of 3.2 percent.
Net income from continuing operations was $42 million, or 35 cents per share, for the quarter ended March 29, little changed from a year earlier.
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