Goals include reducing sodium, adding more diverse ingredients.

Will also partner with other companies.

Divests business to an affiliate of the Sajo Group.

Future Ocean Foods supports members seeking sustainability.

Value-added facilities located in Florida and South Carolina.

With divestiture of frozen fruit unit, company now more fully focused on key categories.

Uncertain economic environment also weighs on results.

Believes cereal business will be stronger as independent company.

Findings show a boost in consumer perception.

Seeks to elevate the brand and unlock growth.