Article: UST Reports Third Quarter 2003 Diluted EPS of $.74.

UST Inc. today announced that third quarter 2003 net sales decreased 3 percent to $437.6 million, net earnings decreased 5 percent to $124 million and diluted earnings per share decreased 3.9 percent to $.74 compared to the corresponding 2002 period.

For the nine-month period ended September 30, net sales increased 3 percent to $1.296 billion, net earnings decreased 2 percent to $363.9 million and diluted earnings per share were stable at $2.17 compared to the comparable 2002 period.

"Underlying trends in our core smokeless tobacco business improved from the second quarter of this year and its financial results came in on target," said Vincent A. ...

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