In the DSD segment, which is 82% of our total sales, I’m pleased to report that sales growth was above our long-term target. Though margins were pressured by high input cost, the fundamental strengths of our DSD business have not changed.
On this morning’s call, we will address the questions we think are most important to investors. First, what is the outlook for commodity cost and will we take the additional pricing to offset the cost. Next, our higher price is causing a shift to store brand or is there price elasticity in the category.
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