William Wrigley Jr. Co. (WWY) Income Climbs 21 Percent
Gum and candy maker Wm. Wrigley Jr. Co. said Monday its second-quarter net income climbed 21 percent, fueled by growing international sales and a weakened U.S. dollar.
Quarterly profit for the period ending June 30 rose to $169.8 million, or 61 cents per share. That's up from $140.6 million, or 51 cents per share, in the year-ago period. Results included a penny-per-share charge related to supply chain restructuring.
Revenue surged a better-than-expected 14 percent to $1.38 billion from $1.21 billion last year, beating Wall Street forecasts.
Quarterly profit for the period ending June 30 rose to $169.8 million, or 61 cents per share. That's up from $140.6 million, or 51 cents per share, in the year-ago period. Results included a penny-per-share charge related to supply chain restructuring.
Revenue surged a better-than-expected 14 percent to $1.38 billion from $1.21 billion last year, beating Wall Street forecasts.
Labels: William Wrigley Jr. Co., WWY
posted by Stock Administrator @ 2:18 PM
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