Sara Lee bericht.

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Algemeen advies 07/02/2007 14:28
SARA LEE CORPORATION REPORTS HIGHER NET SALES AND UNIT VOLUMES
IN SECOND QUARTER OF FISCAL 2007
Net sales increased 7% with growth in all six business segments; corporate unit volumes up 2%
Underlying operating profits continued to improve driven by good base business performance at
North American retail bakery, foodservice, international beverage and household and body care
Net charges related to significant items decreased diluted earnings per share by $.29 resulting in a net loss per diluted share of $.08 for the second quarter
DOWNERS GROVE, Ill. (Feb. 7, 2007) – Sara Lee Corporation (NYSE: SLE) today
announced that net sales for the second quarter of fiscal 2007, ending Dec. 30, 2006, were $3.2 billion, an increase of 7% compared to $3.0 billion in the prior year’s second quarter.
Net sales grew in all six business segments, with particularly strong growth in
North American retail bakery, up 8%, international beverage, up 13%, and household and body care, up 13%.
The consolidated unit volumes for the corporation increased 2% during the second quarter of fiscal 2007, driven by strong increases at Sara Lee International, particularly for international beverage, up 6%, and household and body care, up 7%.
Diluted EPS from Continuing Operations
In the second quarter of fiscal 2007, diluted earnings per share (EPS) from continuing operations were a loss of $(.08) per share versus income of $.06 per share in the second quarter of the prior year, a decline of $(.14) per share. The diluted EPS were negatively impacted by various significant items, as shown in the table on page two, which on a year-over-year basis
reduced diluted EPS by $(.21). The remaining change in diluted EPS versus the comparable period in the prior year was an increase of $.07 per share due in part to an improvement in underlying operating results.

Dividend
Sara Lee Corporation’s (NYSE: SLE) board of directors today declared a regular quarterly dividend of $.10 per share on the company’s common stock, payable on April 6, 2007. The dividend is payable to stockholders of record at the close of business on March 1, 2007. Sara Lee Corporation has paid quarterly dividends to its shareholders continuously for more than 60 years, and today’s announcement represents the 244th consecutive quarterly dividend declared by the corporation.


Sara Lee Corporation
3500 Lacey Road
Downers Grove, IL 60515 News
Release Date
Kijk voor meer info op www.saralee.com



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