When Sara Lee Corp. reported its third-quarter results Thursday, it said its brands like Jimmy Dean and Hillshire Farms helped drive revenue for its North American retail business segment.
In other divisions, such as North American Fresh Bakery, where volume and revenue both fell, the picture was darker.
CEO Brenda Barnes discusses the fresh bakery side of Sara Lee's business on a call with investors:
QUESTION: On the competitive dynamics in fresh bakery, any comments on whether that's improving maybe a little bit? I think we've seen some of the share trends pick up a little bit for you. How do you feel about that right now?
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