date:Sep 05, 2013
ng needs.
Sugar purchasing is handled differently at the company, Mr. Muir said.
That has actually been done under a long-term contract with a supplier, he said. And we are out well into calendar 2015.
The principal objective, Mr. Morgan said, is not necessarily to make significant gains through purchases.
The way we approach that is when we take a position that allows us to lock in the commodity at a price that we know works for our franchisees and for us we dont really game it very much,