Retailer inventory replenishment supported quarterly results.

Company plans to reduce its number of distribution centers by 50%.

Uncertainty caused by global events is forcing the company to be more cautious.

Company expects to benefit from the bar category’s recovery.

Price increases improve comparable sales as consumer traffic in the United States is flat.

Operating income forecast to fall 11% to 13% during fiscal year 2023.

Staff shortages are impacting operations, especially around delivery.

Company is considering strategic options for its food and health performance ingredients portfolio.

Some of the funding will be used to expand into the club and convenience channels.

Organic volume fell 3.8% during fiscal 2022.