date:Jun 19, 2014
f approximately $60 million, according to the company. The majority of the profit shortfall was driven by pricing concessions, cost challenges associated with integration of Ralcorp and business transition also weighed on profit performance.
We are disappointed with the Consumer Foods volume performance, which negatively impacted comparable e.p.s., said Gary Rodkin, chief executive officer. As we have communicated, we are in the process of improving product mix and promotion strategies in the C