date:Nov 06, 2012
d confection markets, which had experienced a particularly strong third quarter in 2011.
Earnings from operations for this segment decreased by approximately 8.0%, or $0.25 million, to $2.9 million, reflecting an unfavourable product mix and slightly lower volumes sold. Consolidated gross margin for the quarter ended September 30, 2012 improved to $23.4 million, as compared to $22.6 million for the prior year comparable period.
Gross margin percentage improved slightly to 31.1% of sales as com