CAG: Continued Margin Progress Drives Q4 EPS as Planned; Fiscal 2016 Portfolio, Margin, Balance Sheet Progress Sets Strong Foundation

For the fiscal 2016 fourth quarter ended May 29, 2016, diluted earnings per share from continuing operations were $(0.07) as reported, compared with $0.54 for the fourth quarter...

June 30, 2016

For the fiscal 2016 fourth quarter ended May 29, 2016, diluted earnings per share from continuing operations were $(0.07) as reported, compared with $0.54 for the fourth quarter of fiscal 2015. The reported loss in the fourth quarter was largely the result of a charge for the re-measurement of pension amounts.

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