Pinnacle Foods (PF) Reports In-Line Q1 EPS; Reaffirms

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Pinnacle Foods Inc. Reports 1st Quarter Fiscal 2015 Results

April 30, 2015 8:15 AM EDT

PARSIPPANY, N.J., April 30, 2015 /PRNewswire/ -- Pinnacle Foods Inc. (NYSE: PF) today reported its financial results for the first quarter ended March 29, 2015 and reaffirmed its outlook for full-year adjusted diluted earnings per share in the range of $1.86 to $1.91, representing growth of 7-10% versus year-ago.

Consolidated net sales in the first quarter of 2015 increased 3.3% versus year-ago, reflecting the benefits of the Gardein acquisition, modest volume/mix growth on the base business and higher net price realization largely reflecting timing of new product introductory costs.  Net sales for North America... More