Our total revenue for the quarter was up 16% to $1.1 billion. The increase was largely due to the acquisition of the Refrigerated Dough business. Base business revenue was up 7% due to higher net selling prices in response to significantly higher raw material and freight costs.Volumes grew by 4% in the quarter as a result of the Refrigerated Dough and Annoni acquisitions. However base business volumes declined 4% in the quarter, as consumers reduced purchases and we exited businesses that did not meet our margin requirements.
Ralcorp's CEO Discusses Q2 2012 Results - Earnings Call Transcript
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