| Address:
|
3500 LACEY ROAD
|
| City: |
DOWNERS GROVE |
|
State: |
IL |
|
Zip Code: |
60515 |
| Telephone: |
630-598-6000 |
|
Description of Business
|
Primary SIC Code:
2000 |
| (As filed with the SEC)
|
|
|
Sara Lee Corporation ("Sara Lee," "we," "us," "our" or the "company") is a
global manufacturer and marketer of high-quality, brand-name products for
consumers throughout the world focused primarily in the meats, bakery and
beverage categories. Our major brands include Ball Park, Douwe Egberts,
Hillshire Farm, Jimmy Dean, Senseo and our namesake, Sara Lee. The company was
organized in Baltimore, Maryland in 1941 as The C.D. Kenny Company and adopted
its current name in 1985. Sara Lee's principal executive offices are 3500 Lacey
Road, Downers Grove, Illinois 60515-5424, and our telephone number is
(630) 598-6000.
General Development of the Business
In fiscal 2011, Sara Lee made a number of decisions regarding the future
direction of the company and its portfolio of businesses. In November 2010, Sara
Lee signed an agreement to sell its North American Fresh Bakery business to
Grupo Bimbo. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 12/2011 | 0.66 | 0.115 | 28.67 | | 09/2011 | 0.39 | 0.115 | 41.92 | | 06/2011 | 0.54 | 0.115 | 35.17 | | 03/2011 | 0.69 | 0.115 | 25.61 | | 12/2010 | 0.50 | 0.115 | 35.02 | | 09/2010 | 0.75 | 0.110 | 17.91 | | 06/2010 | 0.92 | 0.110 | 15.33 | | 03/2010 | 0.87 | 0.110 | 16.01 |
Key Financial Ratios and Statistics |
FYE:
07/02 |
| Profitability |
2011 |
Leverage |
2011 |
| Net Inc/Comm Equity | 28.60 | Total Liab/Total Assets | 0.80 | | Net Inc/Total Assets | 0.14 | Total Liab/Inv Cap | 1.61 | | Net Inc/Inv Cap | 0.27 | Total Liab/Comm Equity | 168.62 | | Pretax Inc/Net Sales | 0.06 | Interest Coverage Ratio | 5.16 | | Net Inc/Net Sales | 0.15 | Curr Debt/Equity | 0.37 | | Cash Flow/Net Sales | 0.05 | LTD/Equity | 1.00 | | SG&A/NetSales | 0.24 | Total Debt/Equity | 1.36 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 7.69 | Quick Ratio | 0.88 | | Inventory Turnover | 7.02 | Current Ratio | 1.11 | | Inventory Day Sales | 0.02 | Net Rec/Curr Assets | 0.21 | | Net Sales/Work Cap | 18.79 | Inv/Curr Assets | 0.21 | | Net Sales/PP&E | 2.86 | | |
Income Statement (Millions) |
| |
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Total Revenues(Net Sales)
|
1,943.00
|
2,053.00
|
2,220.00
|
2,681.00
|
|
Cost of Goods Sold
|
1,327.00
|
1,441.00
|
1,484.00
|
1,786.00
|
|
Selling & Admin Exps
|
455.00
|
496.00
|
518.00
|
637.00
|
|
Operating Income
|
111.00
|
38.00
|
213.00
|
219.00
|
|
Interest Exp
|
30.00
|
30.00
|
25.00
|
28.00
|
|
Pretax Income
|
90.00
|
18.00
|
197.00
|
174.00
|
|
Other Income
|
9.00
|
10.00
|
9.00
|
-17.00
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
-217.00
|
111.00
|
104.00
|
880.00
|
|
Assets
|
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Cash & Short Term Investments
|
1,685.00
|
2,066.00
|
2,132.00
|
2,151.00
|
|
Receivables - Total
|
1,361.00
|
983.00
|
1,000.00
|
1,473.00
|
|
Inventories - Total
|
1,025.00
|
976.00
|
1,041.00
|
894.00
|
|
Total Current Assets
|
4,879.00
|
4,584.00
|
4,795.00
|
5,074.00
|
|
Net Property, Plant & Equipment
|
2,550.00
|
3,039.00
|
2,941.00
|
2,945.00
|
|
Total Assets
|
9,052.00
|
9,533.00
|
9,612.00
|
9,642.00
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
2,478.00
|
3,104.00
|
3,068.00
|
2,244.00
|
|
Debt in Current Liabilities
|
882.00
|
711.00
|
1,067.00
|
350.00
|
|
Total Current Liabilities
|
3,893.00
|
4,122.00
|
4,453.00
|
2,934.00
|
|
Long-Term Debt
|
1,935.00
|
1,936.00
|
1,932.00
|
2,328.00
|
|
Total Liabilities
|
7,445.00
|
7,588.00
|
8,066.00
|
7,604.00
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
29.00
|
29.00
|
28.00
|
27.00
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
NA
|
6.00
|
NA
|
NA
|
|
Retained Earnings
|
NA
|
2,233.00
|
NA
|
NA
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
1,607.00
|
1,945.00
|
1,546.00
|
2,038.00
|
|
Total Liabilities and Stockholders' Equity
|
9,052.00
|
9,533.00
|
9,612.00
|
9,642.00
|
Cash Flow Summary (Millions) |
|
Categories
|
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Net Cash Provided by Operating Activities
|
-220.00
|
155.00
|
59.00
|
205.00
|
|
Net Cash Provided by Investing Activities
|
-53.00
|
149.00
|
140.00
|
1,525.00
|
|
Net Cash Provided by Financing Activities
|
6.00
|
-404.00
|
-360.00
|
-702.00
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 07/2007 | 12,278.00 | 504.00 | 0.57 | | 07/2008 | 13,212.00 | -79.00 | -0.06 | | 07/2009 | 8,366.00 | 364.00 | 0.84 | | 07/2010 | 8,339.00 | 506.00 | 0.92 | | 07/2011 | 8,681.00 | 1,287.00 | 0.54 | | Growth Rates | -8.30 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 486 | 428,752 | 72.58 |
|
Report Date :
2/6/2012
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