Shoe care unit sales boost Sara Lee 2006 financial results
Chicago-based manufacturer of brand-name products Sara Lee Corporation has reported its financial results for fiscal 2006 with net sales of $15.9 billion, a decrease of 1% compared with fiscal 2005. For the fourth quarter of fiscal 2006, net sales were $4.1 billion, up 2% compared with $4 billion in the prior year's fourth quarter.
Unit volumes in the household and body care segment increased 4% in the fourth quarter on the strength of shoe care and air care volumes. Shoe care unit volumes grew on the strength of new products launched in the
In general, Sara Lee expects sales to be spread evenly across each quarter of the fiscal year. The company also believes that year-over-year sales will increase in each quarter.