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Armanino Foods of Distinction Inc. Message Board

  • vickersviscount vickersviscount Feb 17, 2012 1:22 PM Flag

    Even Nestle's has some margin problems

    in response to the previous post about management "dropping the ball" I might add that the entire processed food industry is facing similar margin problems on higher raw material costs - General Foods, Nestle, etc. Armanino seems to be handling this in a pro-active way, and is taking steps. With the economy improving, I would expect sales going forward to increase, and the possibility of some small price increases to offset costs.

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