McMullian sees signs consumers ‘reverting toward prior purchasing behavior.’
 

Company plans to spend between $450 million and $500 million to upgrade its manufacturing footprint.

Second-quarter results showed a net revenue increase of 9%.

Family flour price also climbs.

All food at home also finishes higher.

Stepping down from current post at end of August.

Most recently was VP of corporate development.

Company lowered its outlook for fiscal 2023.

First increase in more than a decade.
 

Companies may seek domestic sources and make use of AI.