date:May 08, 2013
Driven by strength in its core brands and a successful integration of the Pretzel Crisps business acquired last October from Snack Factory L.L.C., earnings at Snyders-Lance, Inc. increased 40% in the first quarter of fiscal 2013. Net income in the quarter ended March 30 was $19,843,000, equal to 29c per share on the common stock, up from $14,213,000, or 21c per share, in the same period a year ago.
Net revenue rose 7% to $418,572,000, up from $392,843,000 in the same period a year ago.
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