USA: Heinz reports Q2 net income of US$208.2m or 59 cents per share in line with expectations
Sales Increased by 11.7% to $2.57 Billion PITTSBURGH--(BUSINESS WIRE)--H. J. Heinz Company (NYSE:HNZ - news) today announced results for the second quarter ended October 31, 2001. Heinz reported earnings of 59 cents per diluted share in line with market expectations and the company's revised outlook on November 8, compared to 54 cents in the year-earlier quarter. Second-quarter net income rose to $208.2 million from $190.0 million in the year-earlier quarter. Excluding special items of 15 cents per share, Heinz earned $241.7 million or 69 cents per share in last year's second quarter. There were no special items in this year's second quarter.
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