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Pro-Fac Announces Second Fiscal Quarter 2010 Results

 

FAIRPORT, N.Y., Feb. 5 /PRNewswire-FirstCall/ -- Pro-Fac Cooperative, Inc. ("Pro-Fac" or the "Cooperative") (Nasdaq-CM: PFACP), an agricultural cooperative, today filed its Report on Form 10-Q for the fiscal quarter ended December 26, 2009 with the Securities and Exchange Commission.  The Form 10-Q includes Pro-Fac's financial results for the second quarter of fiscal year 2010.

For the fiscal quarter ended December 26, 2009, Pro-Fac had net income of $238.1 million resulting primarily from the $238.4 million distribution received from Birds Eye Holdings LLC, net of normal operating expenses of approximately $0.4 million.

ABOUT PRO-FAC:

Pro-Fac Cooperative is an agricultural cooperative that markets crops grown by its member-growers, including fruits (cherries, apples, blueberries, and peaches), vegetables (snap beans, dry beans, beets, peas, sweet corn, carrots, squash, asparagus and potatoes) and popcorn.  Only growers of crops marketed through Pro-Fac (or associations of such growers) can become members of Pro-Fac.  Pro-Fac's Class A cumulative preferred stock is listed on The Nasdaq Capital Market under the stock symbol, "PFACP".  More information about Pro-Fac can be found on its web site at www.profaccoop.com.

SOURCE Pro-Fac Cooperative, Inc.

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http://www.profaccoop.com

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