Tasty Baking Co.’s fourth-quarter losses deepened the US bakery group’s full-year profit deficit, the company has revealed.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


An increase in pension costs and higher ingredients and packaging expenses contributed to a fourth-quarter loss of US$4.6m, down from a year-earlier profit of $100,000.


The maker of Tastykake said the fourth-quarter results included a $7.8m charge related to post-tax pension expenses. The company also recorded an after-tax gain of $4.8m related to changes in the retiree medical plan during the quarter.


For the full-year, ended 27 December, the company reported losses totalling $6.8m, down from a profit of $2.1m in the previous fiscal year.


Nevertheless, the group was able to report sales of $43.7m in the fourth-quarter, up 11.4%. Full-year sales were also up, rising to $281.2m from $272.3m.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now