Dollar sales up 2.6% in the 52 weeks ended Dec. 31, 2023. 

Consolidated turnover climbs 21%.
 

Volume of cereal sold fell 9.8% during the year.
 

Donut maker unveils third-party pilot program.

Company’s shares lose ground after results, guidance announced.

Company is guiding a weaker-than-expected second half of the fiscal year.

Earnings multiples for the sector in early 2024 are lower than historical averages.

Volume up 10% in 2023; high organic flour prices a drag.

Operating profit increases 10% at FLNA.

Guarded guidance follows challenging 2023.