CEO sees price as being more important than a value message.

Net sales increase 26% in Q1.
 

Strategic partnerships remain key path to growth.

Input costs decline, but not for sugar.

The company will switch to two business units and eliminate about 200 positions.

Conflicts in the Middle East and a slow recovery in China seen impacting revenues the rest of the fiscal year.

Fourth-quarter volume declines in North America.
 

Falls 24% in single-day trading.

Company appoints interim CFO.