Hillshire Brands – Company Information

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Hillshire Brands, formerly known as Sara Lee Corporation, is an one of America’s leading food companies, with a focus on providing food solutions for the retail and foodservice markets.

The company is headquartered in Chicago, Illinois.

Hillshire Brands has a range of iconic and well known brands, including: Jimmy Dean, Ball Park, Hillshire Farm, State Fair, Sara Lee frozen bakery and Chef Pierre pies, as well as artisanal brands Aidells, Gallo Salame and Golden Island Jerky.

The company’s vision is to “become the most innovative branded food company in the U.S.”

Hillshire Brands has a team of over 9,000 employees and boasts yearly sales of close to $4 billion USD and it is publicly listed on the New York Stock Exchange under the ticker ‘HSH’.

Overview

Hillshire Brands logo


Operating data (in $ millions) 2013 2012
Net sales $3,920 $3,958
Operating income $297 $76
Income (loss) from continuing operations before income taxes $256 $(35)
Income (loss) from continuing operations $184 $(20)
Net income from discontinued operations $68 $868
Net income $252 $848
Net income attributable to Hillshire Brands $252 $845
Comprehensive income $249 $806
Balance sheet data (in $ millions)
Total assets $2,434 $2,450
Total debt $951 $944
Total equity $2,434 $2,450
Common share data (in $)
Basic earnings per share $1.50 $(0.16)
Diluted earnings per share $1.49 $(0.16)
Cash flow data (in $ millions)
Net cash from operating activities $253 $249
Net cash from (used in) investing activities $(41) $(521)
Net cash from (used for) financing activities $(45) $(1,346)
Cash and cash equivalents at end of year $400 $235

Source: “The Hillshire Brands Company Annual Report 2013”


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