Company cuts guidance after tough quarter.

Management remains optimistic, reaffirms guidance.

Transaction likely to be complete in fourth quarter.

Growth spans regions, category groups.

Profits strong despite unit volume dip.

Spent career with Anheuser-Busch, Fleischmann’s.

Adjusted North American results strong in quarter.

Natural Bakery specializes in rye bread.

Products sold under Nature’s Own, Tastykake brands.

PHM Brands to focus on core milling business.