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The Sara Lee Corporation was an American consumer-goods company based in Downers Grove, ... Sara Lee: bakery, condiments, deli cheese, deli meats and frozen sweets;
Sara Lee pound cake is a ready-to-use freezer dessert everyone knows and loves. You can slice it for a simple strawberry shortcake, cut it into cubes and layer in a trifle or eat a forkful right ...
In November 2011, Sara Lee Corporation completed the sale of its North American fresh bakery business to Grupo Bimbo for $709 million. [17] Sara Lee also sold its fresh-bakery businesses in Spain and Portugal to Grupo Bimbo for 115 million euros ($158.3 million), in a deal announced in October 2011.
Under the terms of the deal, Sara Lee's stock underwent a one-for-five reverse split. As of June 27, 2012, all Sara Lee shareholders saw their holdings transform into Hillshire Brands shares and shrink by a factor of five. In addition, each former Sara Lee shareholder received shares in D.E. Master Blenders 1753 on a one-to-one basis. The ...
During its fiscal fourth quarter, Sara Lee's North America bakery business took a hit. Its adjusted net sales fell 4.5% to $535 million and its adjusted operating income dropped 39.4% to $17 million.
Coffee cake or coffeecake is a sweet bread common in the United States, so called because it is typically served with ... Sara Lee Pecan Coffee Cake was a premade ...
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