date:Aug 23, 2018
les were partially offset by declines for the Jif brand. Net price realization was neutral. Segment profit decreased US$12.8 million due to higher input and freight costs, unfavorable volume/mix, and increased marketing expense.
US Retail Pet Foods Segment net sales increased US$150.5 million reflecting the US$162.8 million contribution from Ainsworth. Excluding Ainsworth, net sales declined US$12.3 million, or 2 percent. Lower net price realization reduced net sales by 1 percentage point. Low