Strong international growth offset U.S. weakness, with consolidated sales up 3% and EBITDA down 5% year-over-year. U.S. operations faced double-digit EBITDA decline due to food service contraction and higher costs, while Europe, Central America, and Asia/Oceania delivered robust margin expansion. G…
Strong international growth offset U.S. weakness, with consolidated sales up 3% and EBITDA down 5% year-over-year. U.S. operations faced double-digit EBITDA decline due to food service contraction and higher costs, while Europe, Central America, and Asia/Oceania delivered robust margin expansion. Guidance was revised downward for the U.S. and consolidated margins.
Based on
This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
