US food and consumer goods company Sara Lee has reported a sharp rise in quarterly earnings, helped by increased sales of meat and household products.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Sara Lee posted profit of US$348m, or 42 cents a share, for the second quarter to 29 December, compared to $160m, or 20 cents a share a year earlier.

In late October, Sara Lee forecast second-quarter earnings per share of between 40 and 42 cents before special items, while analysts polled by Thompson First Call were expecting profit of 41 cents to 43 cents a share before special items.

The company’s revenue rose 2% to $4.8bn, reported Reuters.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now