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Sara Lee Bakery hosts back-to-school nutrition summit

BY Anna Mcgrath

DOWNERS GROVE, Ill. Sara Lee North American Fresh Bakery, makers of Sara Lee Soft & Smooth bread, welcomed 13 of America’s influential parenting bloggers to its Sara Lee kitchens for the pioneer Sara Lee Soft & Smooth Back-to-School Nutrition Summit.

During the summit, moms and experts worked together to develop key tips to send kids back-to-school with quick and easy prepared lunches.

“Sara Lee went straight to the source to understand the nutrition challenges moms are having when sending their kids back to school, especially when it comes to the ongoing confusion that exists in the bread aisle,” said Tim Zimmer, VP at Sara Lee North American Fresh Bakery. “Each mom blogger had great ideas to help us educate America’s moms when it comes to differentiating between traditional wheat and 100% whole wheat breads and moving white bread families to newer versions with whole grain.”

To learn more information about the summit and the Sara Lee Soft & Smooth bread line, visit www.thejoyofeating.com.

KelloggsDRSNhttp://www.centerstoregrowth.com

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Kimberly-Clark reports Q2 earnings

BY Anna Mcgrath

DALLAS Kimberly-Clark Corp. reported a 5.6% drop to $4.7 billion in its second-quarter net sales this year, while overall sales volumes faded 2%.

The company’s K-C professional and consumer tissue businesses felt the adverse affects of the current economy as the company’s global healthcare business sales surged 14%.

Diluted net income per share for the quarter was 97 cents, compared with 99 cents per share in 2008.

“Business conditions remained challenging in the second quarter, as the economic environment and weak foreign currency rates continued to impact our results.  All-in-all, we made progress in a number of areas and expect to build on this performance with improved bottom-line results in the second half of the year,” said chairman and CEO Thomas J. Falk.

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Hershey Co. gets sweet break for Q2

BY Allison Cerra

HERSHEY, Pa. The Hershey Co. announced sales and earnings for the second quarter ended July 5.

Sales were $1.17 billion, up 5.9% from last year. Second-quarter net income was approximately $71.3 million, or 31 cents per share, compared with $41.5 million, or 18 cents per share for the comparable period of 2008.

For the first six months of 2009, consolidated net sales were $2.41 billion, compared with $2.27 billion for the first six months of 2008. Reported net income for the first six months of 2009 was $147.2 million, or 64 cents per share, compared with $104.7 million, or 46 cents per share, for the first six months of 2008.

Hershey president and CEO David West said that the company’s performance during the first half of the year will give it the opportunity to increase brand-building advertising, which is what contributed to the spike in earnings.

Earlier this month, the company announced that it was closing its online gift service.

Click here for the full financial results.

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