Urdaneta said adjusted operating profit dollars rose about 4% year over year, reflecting “ongoing gains from supply chain productivity” and “SG&A-related efficiencies,” partially offset by “unfavorable pricing net of input costs” tied to planned investments to enhance value propositions. He also said adjusted SG&A as a percentage of net sales improved by 90 basis points year over year, which “enabled a 60 basis point increase in brand investments” in the quarter.Executives highlighted productivity as a key ...