You already know that today's discussion will be focused on results for adjusted operating segment income from continuing ops. I'd like to highlight some other changes that we've made in our reporting to provide our investors with information that is most reflective of how we manage our business. As we highlighted at Investor Day, the Aidells and Gallo businesses are now being reported in the Retail segment, while hog and commodity pork and turkey sales are being reported in the Foodservice segment. Our segment names have also been slightly tweaked. Results from acquisition are now included in our results from the time of acquisition. In previous reporting, we had backed out the impact of those sales as a reconciling item between reported and adjusted results. You'll still see the impact of acquisitions, in this case, Aidells, in our earnings release. We are also discussing total adjusted sales and organic sales performance, which is without acquisition results and excludes changes in foreign currency movement. And finally, results for businesses that have been disposed of or exited, such as our Senseo business, are now backed out of all reported period.To help you understand the year-over-year changes earlier this morning, we filed a current report on Form 8-K that contains our quarterly segment results for fiscal 2012 and fiscal 2011, consistent with the basis of presentation reported in the press release.
Hillshire Brands Management Discusses Q4 2012 Results - Earnings Call Transcript
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