The company is ceasing the building of two processing plants.

Will also partner with other companies.

The high-fiber product will ship to retailers in November.

Company sustains a loss of $46.73 million in Q3.

Evaluations continue after the company suffers a net loss in the third quarter.

Deflation will impact the second half of the fiscal year.

Premised on belief cereal business will be “stronger as independent company.”

Heavy lifting of transformation complete, CEO says.

Part of move toward all-day snacking platforms.

Net income soars 49% in third quarter.