Heinz Reports EPS of $0.78

H.J. Heinz Company HNZ today reported second-quarter operating income, net income and earnings per share. In the second quarter ended October 27, reported sales declined 1.2% to $2.61 billion as a result of currency translation. Operating income grew 2.1% to $417 million. Net income from continuing operations increased 3.4% to $251.4 million from $243.1 million. Earnings per share from continuing operations grew 2.6% to 78 cents per share from 76 cents a year ago.