Snyder's-Lance to divest private-label cookies and crackers division
date:Nov 20, 2012
d goods to retailers and wholesalers, and the division has annual earnings before interest, taxes, depreciation and amortisation of around $40m.

Earlier this month, Snyder's announced that its net income had more than doubled to $17.8m, while sales declined 3.6% to $406.6m.

Commenting on the results, Snyder's-Lance chief executive officer David V Singer had said that the company's growth continued to be driven by its core brands - Snyder's of Hanover pretzels, Lance sandwich crackers and Cape
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