ConAgra quarterly profit falls 57 percent
April 3 (Reuters) - ConAgra Foods Inc, maker of Chef Boyardee pastas and Hunt's ketchup, reported a 57 percent fall in third-quarter profit, hurt by costs related to its acquisition of Ralcorp.
Net profit fell to $120 million, or 29 cents per share, in the quarter ended Feb. 24, from $280.1 million, or 68 cents per share, a year earlier.
On an adjusted basis, the company earned 55 cents per share.
Sales rose 13 percent to $3.85 billion.