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Article: Doane Pet Care Company Announces Second Quarter and Six Months Ended July 1, 2000 Results.
- Article from:
- PR Newswire
- Article date:
- August 16, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BRENTWOOD, Tenn., Aug. 15 /PRNewswire/ --
Doane Pet Care Company ("Doane" or "Company") today reported a net loss of $7.1 million for its second quarter ended July 1, 2000 on net sales of $210.7 million, and net income of $3.0 million for the six months ended July 1, 2000 on net sales of $415.2 million. The second quarter and six months ended July 1, 2000 included non-recurring charges of $8.7 million and $9.0 million, respectively. These non-recurring charges consisted of (1) charges of $4.2 million and $4.6 million for the second quarter and six months ended July 1, 2000, respectively, for the realized loss on a forward currency purchase contract that was put ...
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