April 3, 2013 / 11:46 AM / 4 years ago

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.

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