Ready-to-eat cereal makers sharpen focus on regaining volume.

Fiscal ’23 earnings surge 67%.

Mary’s Gone Crackers expands retail presence.

Net income up in the quarter.

With divestiture of frozen fruit unit, company now more fully focused on key categories.

Uncertain economic environment also weighs on results.

Seeks to elevate the brand and unlock growth.

Net income soars 49% in the third quarter.

Sales increase 3.6% in the third quarter.

Cuts will take place between December and August 2024.