To assist with this review, the company has hired Goldman Sachs & Co. and will consider a broad range of strategic options to enhance value.
This move could bring together two of the UK’s most recognized packaged bread brands, Kingsmill and Hovis, under the same ownership.
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.