Article: Doane Pet Care Company Announces Third Quarter and Nine Months Ended September 30, 2000 Results.

BRENTWOOD, Tenn., Nov. 14 /PRNewswire/ --

Doane Pet Care Company ("Doane" or "Company") today reported net income of $1.6 million for its third quarter ended September 30, 2000 on net sales of $225.7 million, and net income of $4.6 million for the nine months ended September 30, 2000 on net sales of $640.9 million. The nine months ended September 30, 2000 included non- recurring charges of $9.0 million incurred prior to the third quarter. These non-recurring charges consisted of (1) a $4.6 million loss on a forward currency purchase contract that was put into place to hedge the currency risk associated with Doane's purchase of A/S Arovit Petfood ("Arovit") in ...

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