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Organic wheat prices weigh on Annie’s bottom line
date:Jun 04, 2014
all. The issue was most pronounced in the fourth quarter, with organic wheat inflation moving even higher to approximately 20%. As organic wheat is our largest input, accounting for roughly 20% of our total commodities spent, the financial impact was significant. We admittedly did not do a good job anticipating the severity of this dislocation, but weve learned a lot from the experience, and we have taken decisive steps to be more strategic and disciplined in our sourcing efforts.

Mr. Foraker s

12/21 20:18