date:Aug 02, 2013
8% from $252 million.
For the six months ended June 29 the company as a whole saw income decline 2% to $663 million, or $1.82 per share, which compared with $675 million, or $1.89 per share, during the same period of the previous year. Sales for the segment were $7,575 million, up 10% from $6,914 million.
While sales growth has been slower than we anticipated in developed markets, particularly the U.S., the work we have been doing on our cost base has enabled us to offset the impact, said Joh