Rochester,NY 8/25/2009 11:00:11 PM
HJ Heinz Co. HNZ, Net Falls
HJ Heinz Co.
H. J. Heinz Company first quarter sales fell 4.5% to $2.47 billion and net income fell 7% to $212.6 million or 67 cents a share.
H. J. Heinz Company, the maker of ketchup and other food products retailer reported first quarter sales fell 4.5% to $2.47 billion from $2.58 billion a year ago. Net income in the quarter fell 7% to $212.6 million or 67 cents per diluted share compared to net income of $229 million or 72 cents per share a year ago.
HNZ in the last one year traded as high as $52.61 in September 2008 and as low as $30.73 in March 2009. Based on the yesterday’s closing price of $37.95 the company has market cap of $11.96 billion.
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