US store brand food company Ralcorp Holdings has said net earnings edged up in the fourth quarter, on a 4% sales rise.
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The company reported net earnings of US$12.9m, or 42 cents per share, for the fourth quarter to 30 September, compared to $12.5m, or 41 cents per share, for the fourth quarter of the previous year.
Net sales were $441.9m, compared to $426.2m a year earlier, boosted by sales from the Medallion Foods business, acquired in June.
For the full year, sales were $1.68bn, compared to $1.56bn a year earlier, while net earnings were $71.4m, or $2.34 per share, compared to prior year net earnings of $65.1m, or $2.17 per share.
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