Live Blogging Sara Lee Corp. 2Q Earnings Conference Call

Sara Lee logoSara Lee Corporation, the global consumer goods company behind such famous brands as Frito Lay potato chips and Jimmy Dean sausages topped Wall Street’s estimate for adjusted earnings per share by two cents, announcing an adjusted earnings per share of 27 cents. Operating income rose 18.4 percent to $256 million from $216 million. At the end of January, Sara Lee revealed that it would split into two public companies—North American retail and international coffee & tea—a process that will be complete at the end of 2012. Executive Chairman Jan Bennink said the spin-off remains “on track.” Melissa Kandel live-blogs the company’s conference call:

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