Shares of the company, which have risen 5% this year, were up 3% in pre-market trading. The Prego pasta sauce maker now expects fiscal 2020 adjusted earnings per share to be between $2.87 and $2.92, compared with its prior range of $2.55 to $2.60. Net sales rose about 15% to $2.24 billion in the third quarter, ended April 26, beating estimates of $2.22 billion, driven by higher demand for Prego pasta sauces, V8 beverages and Pepperidge Farm cookies. …read more
Source:: Yahoo Finance
