Tootie Pie Goes to the Plate with Mickey Mantle and Del Monte Foods Fiscal 2010 Fourth Quarter and Full Year Results Conference Call/Webcast

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City of Industry, CA --(www.USEquityNews.com)-- 05/27/2010 - Consumer Goods industry alert provided by U.S. Equity News. Tootie Pie Company, Inc. (OTCBB: TOOT) announced that Mickey Mantle's Steakhouse in Oklahoma City, Oklahoma will begin serving Tootie Pies.
"There are few things more American than baseball and apple pie and so we are delighted to have our Tootie Apple Pie, the best pie anywhere, served in the legendary Mickey Mantle Steakhouse; the namesake of one of baseball's most historic figures," said Don Merrill, President & CEO.


"The better restaurant operators are responding when we tell them that 25% of our Gourmet Café revenues are coming from Tootie Pie sales. It only makes sense that a group that operates upscale venues like Mickey Mantle's Steakhouse, a 2009 Wine Spectator Award of Excellence Winner, would want to add Tootie Pie to their menu," added Merrill.

Del Monte Foods Company (NYSE: DLM) announced today that it will host a conference call/webcast and slide presentation to discuss its fiscal 2010 fourth quarter and full year results, as well as its fiscal 2011 full year outlook. Del Monte invites interested parties to listen to its presentation, which will be webcast live on Thursday, June 10th, 2010 at 7:00 a.m. PT (10 a.m. ET).

Sara Lee Corp. (NYSE: SLE) today announced that it plans to amend the timing of its calendar 2010 share purchases by using a portion of the proceeds from each pending Household & Body Care (H&BC) transaction to repurchase up to $800 million of shares. The company's current $500 million (approximately 36 million shares of common stock) accelerated stock repurchase program, announced in March 2010, is expected to be completed during this summer. After this, the company will recommence share buybacks as the various H&BC transactions close.
Sara Lee remains committed to its previously announced share repurchase strategy, as it still intends to buy back $2.5 to $3.0 billion of stock over a three-year period, with $1.0 to $1.3 billion to be repurchased in calendar year 2010.

Seneca Foods Corporation (the "Company") (Nasdaq: SENEA, SENEB) is pleased to report that net earnings for the fiscal fourth quarter ended March 31, 2010 increased to $6.3 million, or $0.51 per diluted share, compared to $2.6 million or $0.22 per diluted share in the prior year. Excluding a non-cash after-tax LIFO credit of $1.4 million and a charge of $10.7 million, net earnings per diluted share were $0.40 and $1.09 during the quarters ended March 31, 2010 and 2009, respectively. Net sales for the quarter ended March 31, 2010 decreased from last year by $5.9 million, or 2.1%, to $279.4 million. The decrease in sales is attributable to decreased selling prices and a less favorable sales mix of $13.1 million partially offset by an increase in sales volume of $7.2 million.

Net earnings for the fiscal year ended March 31, 2010 increased to $48.4 million, or $3.96 per diluted share versus $18.8 million or $1.53 per diluted share for the fiscal year ended March 31, 2009. Excluding a non-cash after-tax LIFO charge of $7.3 million and $37.9 million, net earnings per diluted share were $4.56and $4.62 during the fiscal years ended March 31, 2010 and 2009, respectively. Sales were $1,280.1 million compared to $1,280.7 million in fiscal year 2009. The change in sales is attributable to a reduction in sales volume of $36.2 million that was mostly offset by increased selling prices and improved sales mix of $35.6 million. Pre-tax results for the fiscal year ended March 31, 2010 included a $0.2 million loss on the sale of unused equipment. Pre-tax results for the fiscal year ended March 31, 2009 included a $0.6 million loss on the sale of unused equipment and a $0.9 million plant restructuring charge related to a Voluntary Workforce Reduction Program at our plant in Modesto, California.

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