International Home Foods, Inc. (NYSE: IHF - news; "the Company") today reported diluted earnings per share of $0.38 for the second quarter ended June 30, 2000, an increase of 12% over diluted earnings per share of $0.34 in the second quarter of 1999. Net income was $29.0 million for the quarter, an increase of 11% over the comparable 1999 period.