CEO Steve Sanger noted that the quarter is historically strong for healthier food products, "but we think they did a little
better, after that "Best-Life Diet" came out."
The company has launched an array of cereals this fiscal year, including Nature Valley granola, Disney-themed children's cereals and Fruity Cheerios. The company says it has scored productivity gains through plant consolidations, but Sanger hinted that a price increase might be coming as grain prices rise.
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