date:Mar 12, 2013
the expenses associated with the voluntary recall were added back pursuant to the Companys 7.625% Notes Indenture and credit agreements.
Strong price realization and new product innovation drove the Companys topline growth of 5.9%, as sales for both Pet and Consumer increased, said Dave West, CEO of Del Monte Foods. Our momentum in Pet was strong - net sales grew 10.1% and Adjusted EBITDA grew 5.6% - while we increased marketing investment and faced higher ingredient costs. In Consumer, we beg