Pinnacle Foods Reports Second Quarter Fiscal 2017 Results

Net sales in the second quarter of 2017 decreased 1.6% versus year-ago, largely due to a 2.6% unfavorable impact associated with the second quarter 2017 business exit, including...

July 27, 2017

1 minute read

Net sales in the second quarter of 2017 decreased 1.6% versus year-ago, largely due to a 2.6% unfavorable impact associated with the second quarter 2017 business exit, including the recall, of certain Aunt Jemima retail and foodservice frozen breakfast products (the AJ exit), as well as a 0.9% unfavorable impact associated with both the Boulder UK business wind-down and SKU rationalization program implemented in the second half of 2016.

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