date:Aug 06, 2018
net income was $254 million, equal to $3.47 per share on the common stock, unchanged from the same period a year ago. Net sales increased 2% to $2,965 million from $2,910 million.
We are disappointed with our (second quarter) and year-to-date results, and we are taking aggressive actions in response, James P. Zallie, president and chief executive officer, said during an Aug. 2 conference call with analysts. In particular, our performance in North America has not contributed as we had anticipat