GREY:ARDWF - Post by User
Post by
calicheon Apr 07, 2016 2:57am
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Post# 24739624
organic growth
organic growthfrom WWAV
Fresh Foods business, growth in the fresh category remains robust with the organic packaged salad category increasing 9 percent, and Earthbound Farm continuing to hold a leading market share position.
EXPECTS CONTINUED STRONG GROWTH IN 2016
- Total Net Sales Increased 13% and Adjusted Constant Currency Net Sales Increased 15% in both Q4 and Full Year 2015
- Adjusted Organic Constant Currency Net Sales Increased 9.5% in Full Year 2015
- Adjusted Total Operating Income Increased 30% in Q4 and 24% in Full Year 2015, Reflecting Continued Operating Margin Expansion
- Adjusted Diluted Earnings per Share Increased 31% in Q4 to $0.36 and 19% in Full Year 2015 to $1.19, Excluding China Joint Venture Investments
- Forecasting Full Year 2016 Adjusted Diluted Earnings Per Share of $1.33 to $1.37 and $1.38 to $1.42 on a Constant Currency Basis, Excluding China Joint Venture Investments
- Expecting High Single-Digit Organic Constant Currency Net Sales Growth for Full Year 2016