Article: Heinz Second Quarter Core EPS Up 9.5%; Core Sales Up 6.4% in Constant Currency; Strong Performances by Heinz Ketchup, Foodservice and Frozen Meals.

PITTSBURGH, Dec. 5, 2000 /PRNewswire/ --

H. J. Heinz Company (NYSE: HNZ) today reported second quarter core diluted earnings per share increased 9.5% to $0.69 from $0.63 last year. (Note: Core earnings exclude special items and the divested Weight Watchers classroom business noted in the attached table.) Reported earnings per share for the second quarter were $0.54 compared to $1.14 last year, which included a gain on the sale of Weight Watchers classroom business.

"Our businesses are performing well as evidenced by sales growth of 6.4% for the quarter on a constant currency basis," said William R. Johnson, Chairman, President and Chief Executive ...

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