Nov 24 · 12:17:00 PM · Source: Company News Release

H.J. Heinz Co said Tuesday that it posted a lower fiscal second quarter profit, with the company saying it earned $231.4 million, or 73 cents a share, down from $276.7 million, or 87 cents per share, a year earlier. The previous year's results included a big gain from currency hedging. Sales rose 2.5 percent to $2.67 billion
The company said results were hampered by sales falls in North America and Europe, but said it is optimistic about sales momentum heading into the second half of its fiscal year.

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by Larry Etter