date:Mar 26, 2020
ofit, a higher adjusted effective tax rate, and higher average diluted shares outstanding, partially offset by lower net interest expense and higher non-service benefit plan income. Lower contributions from ice cream net sales in Asia in February reduced third-quarter adjusted diluted EPS results versus the prior year by an estimated 150 basis points.
Nine-month results summary
Net sales declined one per cent to $12.6 billion. Organic net sales essentially matched year-ago levels, reflecting