|
|
Article: Sara Lee Corporation Provides Preliminary Guidance for Fiscal 2002 Earnings.
- Article from:
- Business Wire
- Article date:
- May 30, 2001
CopyrightCOPYRIGHT 2001 Business Wire. 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)
|
Business Editors
CHICAGO--(BUSINESS WIRE)--May 30, 2001
Sara Lee Corporation today provided preliminary financial guidance for fiscal 2002, which begins July 1, 2001, at an analyst meeting in New York. The company expects diluted earnings per share (EPS) from total operations for fiscal 2002 to be $1.25 to $1.35, modestly down relative to projections for the current fiscal year that will end June 30, 2001. In its third quarter press release, dated April 25, 2001, the company provided EPS guidance of $1.34 to $1.37 for fiscal 2001.
Senior management cited a number of factors that will contribute to the company's results for the next fiscal year, ...