Sales for the first quarter of 2011 decreased 4 percent to $1,147.9 million (US$1,207.9 million) compared to $1,191.5 million (US$1,253.8 million) last year, primarily due to business divestitures. Adjusted operating earnings increased 61 percent to $50.7 million (US$53.4 million); value creation initiatives are on track and contributing to margin growth; and adjusted earnings per share increased to $0.18 (US$0.19) from $0.07 (US$0.74) last year. "Maple Leaf Foods delivered our eighth consecutive quarter of improved results, with a significant increase in profitability in our fresh and prepared meats businesses."