date:Jun 27, 2013
For the year ended May 26, the company had earnings of $1,855.2 million, equal to $2.86 per share on the common stock, which compared with $1,567.3 million, or $2.42 per share, during fiscal 2012. Sales for the year were $17,774.1 million, up 7% from $16,657.9 million.
Our 2013 results reflect good growth from established product lines and important contributions from new businesses added during the year, said Ken Powell, chairman and chief executive officer. Each of our three operating segment