Articles Tagged with ''fiscal''

Sales for the second quarter of fiscal 2013 were $3.2 billion, down 3%, as higher volumes in all segments were more than offset by lower meat and live hog prices.

For the year ended October 28, 2012, net earnings were $500.1 million, up 5 percent from net earnings of $474.2 million last year.

Hillshire noted a strong performance in the Retail segment, with sales growth of 3% and adjusted operating segment income growth of 45.5%.

Adjusted operating earnings for the quarter were $76.3 million compared to $73.3 million last year, and net earnings for the third quarter were $32.6 million, compared to $43.0 million in the third quarter last year.

Revenue fell 26% to $451.1 million from $607.7 million, reports the Los Angeles Times.

Global comparable sales increased 1.9%, with positive comparable sales in each geographic segment.

Third-quarter net income will be 331.8 million reais ($164 million), compared with a year-earlier loss of 67.5 million.

Cargill eported $1.17 billion in earnings from continuing operations in the 2012 fiscal year, a 56 percent decrease from a record $2.69 billion in the prior year.

For the full year, there was a 4.0% increase in adjusted net sales to $4.04 billion and a 1.9% increase in reported net sales to $4.09 billion.

Net income in the third quarter dropped to $73 million from $188 million in 2011, though operating income rose from $8.247 billion in 2011 to $8.308 billion this year.