Sara Lee Corporation

News and overview for Sara Lee Corporation

Fitch Rates Sara Lee's EUR300MM Unsecured Notes 'BBB'; Outlook Stable [Press Release]
Business Wire | 2 days 9 hours 58 minutes ago
Fitch Ratings has assigned a 'BBB' rating to Sara Lee/DE Antilles N.V.'s (Sara Lee Antilles) EUR300 million 2.25% senior unsecured notes due March 30, 2012. Sara Lee Antilles is a wholly owned subsidiary of Sara Lee Corporation (Sara Lee; NYSE: SLE). The Sara Lee Antilles notes are unconditionally and irrevocably guaranteed by Sara Lee.


Sara Lee Announces $500 Million Accelerated Share Repurchase and Updates Earnings Guidance to Reflect This Action [Press Release]
Business Wire | 18 days 13 hours 58 minutes ago
Sara Lee Corp. (NYSE: SLE):


Sara Lee Reports Strong Second Quarter Earnings; Raises Guidance for Second Consecutive Quarter [Press Release]
Business Wire | 44 days 15 hours 28 minutes ago
Sara Lee Corp. (NYSE: SLE):


Sara Lee Announces Revised Capital Plans [Press Release]
Business Wire | 32 days 10 hours 43 minutes ago
Sara Lee Corp. (NYSE: SLE) today announced that management and the Board of Directors have revised its capital plans. The company is providing new targets for dividend policy and further clarity on the use of proceeds of the International Household and Body Care (H&BC) sale.


Sara Lee Introduces New Sara Lee Soft & Smooth Plus Made with DHA Omega-3 Bread [Press Release]
Business Wire | 33 days 15 hours 58 minutes ago
Sara Lee North American Fresh Bakery today announced the expansion of its successful Soft & Smooth bread line with the introduction of its new Sara Lee® Soft & Smooth Plus breads Made with DHA Omega-3. Based on a growing body of scientific evidence, docosahexaenoic acid (DHA) Omega-3 helps to support healthy brain development1. Sara Lee Soft & Smooth Plus breads provide moms with a nutritious and simple means to ensure their children continue to receive the benefits of DHA Omega-3, together w...


Sara Lee Deli Launches Saga Solver Social Media Campaign as Online Resource to Simplify Lives of Moms [Press Release]
Business Wire | 25 days 15 hours 58 minutes ago
Sara Lee Deli today launched its “Saga Solver” social media campaign designed to help moms simplify their lives. The new Sara Lee Fresh Ideas™ pre-sliced and sliced-to-order deli meats campaign offers moms valuable expert advice and insights from three nationally recognized experts to help solve their everyday mama sagas, building upon the success of the Sara Lee Deli “Mama Saga” program launched in Sept. 2009.


Fitch: Sara Lee's Ratings Unaffected by Added $2B Share Repurchase [Press Release]
Business Wire | 32 days 7 hours 11 minutes ago
Sara Lee Corporation's (NYSE:SLE) $2 billion add-on share repurchases do not affect the ratings of SLE or its subsidiaries, according to Fitch Ratings.


Sara Lee Corporation to Webcast Presentation at CAGNY [Press Release]
Business Wire | 39 days 8 hours 28 minutes ago
Sara Lee Corp. (NYSE: SLE) today announced that its presentation at the Consumer Analyst Group of New York’s (CAGNY) annual conference will be broadcast live via the Internet at 11:30 a.m. CST on Tuesday, Feb. 16, 2010.


Reportlinker Adds Global Bread Industry [Press Release]
PRNewswire | 8 days 12 hours 22 minutes ago
...Inc., Interstate Bakeries Corporation, La Brea Bakery Corporate...Inc., Premier Foods plc, Sara Lee Corporation, Warburtons, Ltd., William...Premier Foods plc (UK) II-26 Sara Lee Corporation (US) II-26 Warburtons...


Sara Lee Reports Strong Fiscal 2010 First Quarter; Raises Guidance [Press Release]
Business Wire | 135 days 15 hours 28 minutes ago
Sara Lee Corp. (NYSE: SLE):


Research and Markets: Bread - Global Strategic Business Report, Profiling 493 Companies Including Key and Niche Players Worldwide [Press Release]
Business Wire | 8 days 11 hours 58 minutes ago
Research and Markets (http://www.researchandmarkets.com/research/350c25/bread_global_str) has announced the addition of the "Bread - Global Strategic Business Report" report to their offering.


KIWI & Comcast-Spectacor Join Forces to Ensure That All Americans Can Walk a Mile in Their Own Shoes [Press Release]
Business Wire | 60 days 11 hours 57 minutes ago
KIWI® Shoe Care, part of the Sara Lee Corporation, (NYSE: SLE), today announced a partnership with Comcast-Spectacor, specifically the Philadelphia 76ers and Philadelphia Flyers, in support of Soles4Souls, a non-profit organization that facilitates the collection and donation of shoes to those in need across the United States and worldwide.


Hillshire Farm Chicken Hardwood Smoked Sausage Will Have Consumers Flocking to Grocery Stores Nationwide [Press Release]
Business Wire | 37 days 13 hours 58 minutes ago
Sara Lee North American Retail announced today the launch of Hillshire Farm Chicken Hardwood Smoked Sausage, a better-for-you alternative for consumers who love the taste of sausage, but prefer a lower-fat, poultry option. With 60 percent less fat than its traditional sausage counterparts1, Hillshire Farm Chicken Hardwood Smoked Sausage contains no MSG or MSC and can be substituted into almost any recipe, or used in a delicious new creation of your own.


Russell Newman Grows Executive Management Team [Press Release]
PRNewswire | 18 days 13 hours 58 minutes ago
NEW YORK, March 2 /PRNewswire/ -- Russell Newman announced today that it has hired Raymond Nadeau as President of the company's Hotel and Spa Division. Ray will oversee the division's existing premium hotel and spa accounts and work to grow the business.


Sara Lee Corporation Declares 256th Consecutive Quarterly Dividend [Press Release]
Business Wire | 51 days 8 hours 41 minutes ago
Sara Lee Corp.’s (NYSE: SLE) board of directors today declared a regular quarterly dividend of $.11 per share on the company’s common stock, payable on April 7, 2010. The dividend is payable to stockholders of record at the close of business on March 1, 2010. Sara Lee Corp. has paid quarterly dividends to its stockholders continuously for more than 60 years, and today’s announcement represents the 256th consecutive quarterly dividend declared by the corporation.





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Company Overview


Company: Sara Lee Corporation
Industry: Bakery Products
Website: http://www.saralee.com

Sara Lee chose cheesecake over clothing. Jettisoning the apparel business, Sara Lee now peddles mostly food and drink, along with some household goods, although it's selling off that business too. Its North American Retail unit is a major packaged meat maker (Ball Park, Jimmy Dean), and a leading manufacturer of frozen bakery products, including Ms. Lee's famous raid-the-refrigerator-at-midnight frozen cheesecakes. The fresh bakery segment supplies North America with prepackaged bread and other baked goods. Sara Lee International oversees coffee, tea, and bakery in Europe, Australia, and Brazil. The North American Foodservice unit supplies coffee, meat, and bakery to foodservice operators across the continent.


Key Numbers

Sales in U.S. Dollars (mil.) 12,881 (2009)
One-year % Growth in Sales -2.5 (2009)
Net Income in U.S. Dollars (mil.) 364 (2009)
One-year % Growth in Net Income 0.0 (2009)
Number of Employees 41,000 (2009)
One-year % Growth in Number of Employees -6.8 (2009)
Fiscal Year-End June