Continued strong performance from Jennie-O Turkey Store and significant improvement from the specialty foods segment were key drivers behind our solid first quarter results. |
Our acquisition of Valley Fresh further strengthens the portfolio within our Grocery Products business segment. This healthy and convenient line of products is on-trend with today's consumer and we are excited about the growth opportunity within this category. We now have the number one position in several key shelf-stable categories, including canned ready-to-eat chicken, canned luncheon meat and canned chili and stew. |
The balanced strength of our business allowed us to deliver top and bottom- line growth for the quarter, even though we faced considerably higher energy and freight costs. Continued strong performance from Jennie-O Turkey Store and significant improvement from the Specialty Foods segment were key drivers behind our solid first-quarter results. |