Imperial Sugar Company (ticker: IPSU, exchange: NASDAQ Global Market (.O))
News Release -
14-Dec-2010
Imperial Sugar Company Announces Update Regarding Annual Report and
Form 10-KSUGAR LAND, Texas, Dec 14, 2010 (BUSINESS WIRE) -- Imperial Sugar Company (NASDAQ:IPSU) announced today that they will not
file their Annual Report on Form 10-K for the year ended September 30,
2010, which is due today, and will not hold their conference call with
investors scheduled for 11:00 a.m. Eastern today. The Company indicated
that they were reviewing the recording of expenditures charged to repair
and maintenance expense to determine if any should be recorded as
capital improvements, in light of the significant costs incurred in
connection with the restart of the Company's Port Wentworth refinery.
The Company hopes to complete their review and file the Form 10-K by
December 29, 2010, and to reschedule their conference call with
investors once the filing has been made.
About Imperial
Imperial Sugar Company is one of the largest processors and marketers of
refined sugar in the United States to food manufacturers, retail grocers
and foodservice distributors. The Company markets products nationally
under the Imperial(R), Dixie Crystals(R) and Holly(R) brands. For more
information about Imperial Sugar, visit www.imperialsugarcompany.com
and www.iscnewsroom.com.
SOURCE: Imperial Sugar Company
For Imperial Sugar Company
H. P. Mechler, 281-490-9652
Senior VP & CFO
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Imperial Sugar Company
