USA: Dreyer's announces third quarter 2000 results
Dreyer's Grand Ice Cream, Inc. (NNM:DRYR) today announced results for the third quarter ended September 23, 2000 that reflect continued improvements in its profit performance. The Company earned $.31 per diluted common share in the quarter, a 19 percent improvement over earnings of $.26 per diluted common share for the third quarter of 1999. The results reflect strong sales growth of the Company's premium and superpremium products and significant improvements in operating margins. The Company also detailed in a separate release that it has entered into a new long-term distribution agreement with Ben & Jerry's Homemade, Inc., and that it has made acquisitions of regional ice cream distributors to expand the Company's penetration in both the grocery and non-grocery channels.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Interview: Sir Kensington's on sale to Unilever
- Analysis: Post discusses rationale for Weetabix
- Interview: "Disruptive" snack brand Hippeas
- Column: Why snacking is the new meal
- Who will buy Danone's Stonyfield business?
- Unilever buys US condiments maker Sir Kensington's
- Tyson shops Sara Lee bakery, Kettle and Van's
- Icelandic to sell Saucy Fish Co. owner Seachill
- Dairy dampens Danone in Q1
- Nestle organic growth slows but beats expectations