--(www.USEquityNews.com)-- 11/17/2008 - Consumer Goods industry alert provided by U.S. Equity News. Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a cash dividend of 28.5 cents per share on the company's common stock, marking 46 consecutive years of increasing regular cash dividends. Lancaster Colony is one of only 21 U.S. companies to have increased cash dividends each year for 46 years. The dividend will be payable December 31, 2008 to shareholders of record on December 10, 2008. As of the record date for today's annual shareholder meeting, there were 28,186,379 common shares outstanding.
AFC Enterprises, Inc. (Nasdaq: AFCE), the franchisor and operator of Popeyes(R) restaurants, today reported results for its fiscal third quarter which ended October 5, 2008. The Company announced preliminary fiscal third quarter earnings per share and operational results in its press release dated October 24, 2008.
NutraCea (OTCBB: NTRZ), a world leader in stabilized rice bran (SRB) nutrient research and technology, today announced financial results for its third quarter ended September 30, 2008. Net revenues for the 2008 third quarter increased to $11.2 million compared with net revenues of $1.5 million for the third quarter of 2007. Growth was driven by a $1.9 million increase in net revenues from the Company's NutraCea segment and $7.8 million from its Irgovel subsidiary which was acquired in 2008. Net revenues for the third quarter of 2007 were offset by $1.5 million of returned product. Sequentially, net revenues for the third quarter of 2008 increased 8.6% over second quarter 2008 net revenues of $10.3 million. The Company's two business segments, NutraCea and Irgovel, recorded net revenues of $3.4 million and $7.8 million, respectively, for third quarter of 2008.
Kraft Foods Inc. (NYSE: KFT) and Feeding America today announced expanded efforts to reach hungry families in America during these challenging economic times. To provide more Americans with better access to more nutritious, balanced and delicious meals, the organizations' leaders unveiled a new national mobile pantry program that will deliver more than 50 million meals over the next three years. The San Antonio Food Bank is among the first seven markets that will receive one of the program's 25 mobile pantries.
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