Sara Lee Corporation today announced revised earnings per share (EPS) guidance for its first quarter and full year for fiscal 2002 due to the adoption of new accounting rules concerning the amortization of goodwill and intangibles. The adoption of the new rules will increase net income by approximately $109 million for the full year and increase EPS by approximately $.13, evenly split during the year.
USA: Sara Lee Corporation increases earnings guidance based on adoption of new accounting standards
Get full access to all content, just $1 for 30 days
just-food gives you the widest food market coverage.
But only paid just-food members have full, unlimited access to all our exclusive content - including 19 years of archives.
Try just-food for 30 days and get the research report; ‘Is sugar the next tobacco’ for free!
Dean Best, editor of just-food
Risk-free, money-back guarantee
Do you get our newsletters? If yes, log in to your account to access your FREE READS. Don't know your password? That's cool - you can reset it here.
Most Popular
Insights
- US hot sauce category deep dive, part two
- Guide: Meat companies with stakes in meat-free
- US hot sauce category deep dive, part one
- Analysis: Key takeaways from Aryzta FY results
- Why plant-based firms should face questions
News
- Flora owner Upfield linked with buying vegan brand
- NPD - PepsiCo, Piccolo, Del Monte Foods
- Ferrero announces new green packaging plan
- Dean Foods in plant-based 'milk' labelling row
- Another 2 Sisters' business falls into new hands
Market research
- Opportunities in the Global Bakery & Cereals Sector
- Trends and Opportunities in the US Packaging Industry
- Top Trends in Dairy 2019: Exploring the latest consumer and innovation trends, and future opportunities
- Meat Global Industry Guide 2013-2022
- Global Soymilk & Soy Drinks (Dairy & Soy Food) Market - Outlook to 2022: Market Size, Growth and Forecast Analytics
