Centaurus Financial - we invest in your success
CuraDebit Free Debt Analysis
  Home > Fortune 500 Companies > Sara Lee Corp

Sara Lee Corp




Sara Lee Corp is a fortune 500 stock listed company trading under the symbol SLE.The Company has a good stock performance record.
 
Sara Lee Corporation is a Chicago-based global manufacturer and marketer of high-quality, brand-name products for consumers the world over. In February 2005, the company began executing a bold and ambitious multi-year plan to transform Sara Lee into a company focused on its food, beverage, and household and body care businesses around the world. As part of its transformation plan, Sara Lee will drive growth in its key categories via such strong brands as Ball Park, Douwe Egberts, Hillshire Farm, Jimmy Dean, Kiwi, Sanex, Senseoand its namesake, Sara Lee.
 
For the first six months of the fiscal year 2006, ending Dec. 31, 2005, Sara Lee reported net sales of 8.64 billion dollars that was down 1 percent over the same period a year ago. Diluted EPS for the first half of the fiscal year 2006 were 0.65 dollar as compared to 0.85 dollar for the year-ago period. The net cash flow from operating activities was approximately 850 million dollars for the first six months of the fiscal year 2006 as compared to approximately 800 million dollars in the comparable period last year. Total MAP spending decreased 2 percent compared to the first half of fiscal 2005 and corporate unit volumes decreased 1 percent  in the six month period year over year.
 
Full-year fiscal 2006 diluted EPS (Earnings Per Share) for the corporation are expected to be in a range of 1.17 to 1.27 dollars as compared to 0.90 dollar in fiscal 2005, which was negatively impacted by 0.55 dollar per share in net charges related to significant items. The current full-year guidance includes only those significant items reported in the first and second quarters of fiscal 2006 (including impairment charges, exit activities, transformation costs and gains on business dispositions), and they had no net impact on EPS. It does not include any results for discontinued operations, transformation related charges, gains or losses from business dispositions, or further impairment charges that may occur in subsequent quarters.
 
During the second quarter of fiscal 2006, the company did not repurchase any shares of its common stock. Approximately 87 million shares remain authorized by the board of directors for repurchase.

With the past performance of the company in mind and the expertise and dedication of the management and staff the company is expected go to far greater heights in the near future.

Back to Fortune 500 Companies

 
 
Infinit-i