Heinz Reaffirms 2011 Outlook (HNZ)

Heinz HNZ reaffirmed its previously-announced outlook for Fiscal 2011. For the full year, the Company expects to deliver, on a constant currency basis: Sales growth of 3 to 4%, Operating income growth of 7 to 10%, and Growth of 7 to 10% in earnings per share. Heinz also expects to generate operating free cash flow of more than $1 billion for the second consecutive year.