USA: Tasty Baking anticipates drop in Q2 sales on intense competition
Philadelphia-based bakery firm Tasty Baking Company has announced anticipated results for its Q2 ending 29 June 2002. The bakery anticipates reporting gross sales of around US$65.4m to US$65.9m, compared to gross sales of US$66.5m in the prior year's Q2. After deducting discounts and allowances, net sales are expected to be about US$42.1m to US$42.4m, compared to net sales of US$43m reported last year.
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