date:May 11, 2012
unches and continued investment in marketing and brand building.
Its operating income increased 31% to $60m, up from $46m the previous year.
In the Fresh Dairy Direct segment, which is the company's largest revenue generator, net sales increased 4% to $2.3bn, driven by favorable commodity environment and cost reduction. Its operating income rose 18% to $101m, compared to $86m in the first quarter of 2011.
The Morningstar Foods division, a warehouse delivery dairy business that sells tradition