In the same period last year, the company reported a net income of $20.4 million, which amounted to 92 cents per share of common stock.
These Cheez-It frozen pizzas are available at a suggested retail price ranging from US$6.99 to US$9.99.
The company is expanding its distribution network and tailoring strategies to maximize value in various markets.
This move is in response to recent actions taken by federal officials against synthetic dyes in food and beverages.
Executives in the snacking industry have expressed a bleak outlook, showing little hope for improvement in the near future.