CAGNY: Sara Lee pins hopes on price hikes to help margins
By: Dean Best | 23 February 2011
Sara Lee CFO Mark Garvey has reinforced the US food maker's belief that the company's margins will improve in the second half of its fiscal year, with the business hoping price increases will help offset rising commodity costs.
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Sara Lee CFO Mark Garvey has reinforced the US food maker's belief that the company's margins will improve in the second half of its fiscal year, with the business hoping price increases will help offset rising commodity costs.
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