For the fourth quarter of fiscal 2009, net sales were $1.06 billion, a 20.7% increase, compared to $875.8 million for the same quarter of fiscal 2008.

For the fiscal year ended May 3, 2009, net sales were $3.63 billion, compared to $3.18 billion for fiscal 2008. Net income was $172.3 million, or $0.87 per diluted share, compared to $133.1 million, or $0.66 per diluted share, for fiscal 2008.

Richard Wolford, chairman and CEO of Del Monte Foods, said: "I am extremely pleased with the company's performance in the fourth quarter which is a direct reflection of our successful implementation and execution of our accelerated growth plan. Importantly, overall volume increased during the quarter, despite the elasticity impact of our pricing actions. The strength of our topline combined with strong productivity savings exceeded cost increases, funded increased marketing investment, and drove solid expansion of operating margins and EPS for the quarter."

A service of YellowBrix, Inc.