Sara Lee's sales decline in Q1 of fiscal 2006

05 Nov '05

1 min read

Global brand-name products for consumers throughout the world Sara Lee Corporation announced that net sales for the first quarter of fiscal 2006, ending Oct. 1, 2005, were $4.3 billion compared to $4.4 billion in the prior year's first quarter, a decrease of 2percent. Sales grew in North American retail meats and international beverage and bakery during the quarter, while declining in North American retail bakery, household and body care and branded apparel.

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Chicago-based Sara Lee Corporation is a Chicago-based global manufacturer and marketer of high-quality, brand-name products for consumers throughout the world. In February 2005, the company began executing a bold and ambitious multi-year plan to transform Sara Lee into a company focused on its food, beverage, and household and body care businesses around the world. As part of its transformation plan, Sara Lee will drive growth in its key categories via such strong brands as Ball Park, Douwe Egberts, Hillshire Farm, Jimmy Dean, Kiwi, Sanex, Senseo and its namesake, Sara Lee.

Sara Lee Corporation

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