Management remains “bullish” on its signature frozen sandwiches.

First-quarter sales steady despite price increases across portfolio.

Red River Cereal to be made entirely onsite.

Mark Smucker to add chairman title in August.

More than 1 billion sandwiches made in fiscal year.

Peanut butter recall will impact fiscal 2023 results.

Products were manufactured in Lexington, Ky.

Company also sees sales slip.

Expects Uncrustables and Dunkin’ brands to get there in next five years.