GIS » Topics » Bakeries and Foodservice Change in Net Sales by Customer Segment

These excerpts taken from the GIS 10-K filed Jul 11, 2008.
Bakeries and Foodservice Change in Net Sales by Customer Segment
 
                 
    Fiscal 2008
    Fiscal 2007
 
    vs. 2007     vs. 2006  
Distributors and restaurants
    4.3 %     (2.5 )%
Bakery channels
    18.9       13.4  
Convenience stores and vending
    5.5       11.4  
Total
    10.6 %     5.1 %
 
 
 
In fiscal 2008, segment operating profits were $165.4 million, up 11.9 percent from $147.8 million in fiscal 2007. The increase for the year was driven by grain merchandising activities and benefits from prior restructuring activities. Net price realization offset higher supply chain input costs and a decrease in volume.
 
Segment operating profits were $147.8 million in fiscal 2007, up 27.1 percent from $116.3 million in fiscal 2006. The business was able to offset high levels of input cost inflation with a combination of pricing actions, sourcing productivity, and manufacturing improvements.
 
Bakeries and
Foodservice Change in Net Sales by Customer
Segment



 


























































































                 

 

 

Fiscal 2008


 

 

Fiscal 2007


 

 

 

vs. 2007

 

 

vs. 2006

 




Distributors and restaurants


 

 

4.3

%

 

 

(2.5

)%


Bakery channels


 

 

18.9

 

 

 

13.4

 


Convenience stores and vending


 

 

5.5

 

 

 

11.4

 




Total


 

 

10.6

%

 

 

5.1

%

 

 






 



In fiscal 2008, segment operating profits were
$165.4 million, up 11.9 percent from
$147.8 million in fiscal 2007. The increase for the year
was driven by grain merchandising activities and benefits from
prior restructuring activities. Net price realization offset
higher supply chain input costs and a decrease in volume.


 



Segment operating profits were $147.8 million in fiscal
2007, up 27.1 percent from $116.3 million in fiscal
2006. The business was able to offset high levels of input cost
inflation with a combination of pricing actions, sourcing
productivity, and manufacturing improvements.


 



EXCERPTS ON THIS PAGE:

10-K (2 sections)
Jul 11, 2008
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