USA: Interstate Bakeries reports rise in earnings, debt reduced
Kansas City-based company Interstate Bakeries, the US' largest wholesale bakery, has reported earnings of US$27.1m during the first quarter of this year, which is a significant increase from the US$9.8m that the company earned during the same period last year. The company, which operates sixty-two bakeries across the country and is behind the Home Pride, Butternut, Marie Callender's, Dolly Madison, Hostess Twinkies and Wonderbread brands, suffered last year after a discrimination lawsuit was brought against it by San Francisco employees.
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
- 2017: three major drivers of M&A strategy
- The food market in 2017 - consumer trends and M&A
- just-food 2017 Survey - your thoughts on growth
- Food market in 2017: need-to-know US trends
- 2017 - what will shape the UK food sector?
- Premier Foods issues profit warning
- UK's Bakkavor plays down IPO "speculation"
- Kellogg to slash 250 jobs
- Lindt sees FY sales acceleration on Europe growth
- Mondelez sells Vegemite to Bega