The WhiteWave Foods Company (the “ Company”) (NYSE: WWAV) today reported strong third quarter 2013 results.
|Financial Summary:||Three Months Ended September 30,|
|In millions, except EPS||2013||2012||% Change|
|Diluted Earnings per Share (EPS)|
|Diluted Shares Outstanding|
For the third quarter of 2013, the Company reported adjusted diluted earnings per share of $0.19, a 21 percent increase compared to third quarter 2012. Net sales for the third quarter of 2013 were $639 million, a 10 percent increase from adjusted net sales of $581 million in the third quarter of 2012, driven primarily by continued volume growth across the Company’s North America and Europe segments. Adjusted operating income for the third quarter of 2013 totaled $54 million, representing an increase of 19 percent compared to $46 million in the third quarter of 2012, even as the Company continues to experience higher supply chain costs.