date:Aug 12, 2013
in North American frozen food continues to contract, said Wan Ling Martello, chief financial officer of Nestle, in an Aug. 8 earnings conference call.
We do not disclose profit by businesses, but I will tell you that the Jenny Craig business this year as well as last year was very much below our expectations and below what they have been able to do in the last few years, he said.
The company has shifted focus of Jenny Craig more to e-commerce and closed Jenny Craig centers in Europe.
Jenny