date:May 04, 2014
they are on the manufacturing part.
Steve Mollick, senior vice-president and chief financial officer of Bimbo Bakeries USA, also handled questions regarding restructuring expenses. For the entire year, he projected these costs would aggregate $100 million skewed toward the first half of the year with nearly half spent in the first quarter alone.
He estimated two thirds of first-quarter restructuring charges were attributable to plant closings and other asset related moves. The remainder of the