Food and household products manufacturer Sara Lee Corp. said Tuesday its third-quarter profit doubled as higher sales prices and the weaker dollar's effect on international sales helped offset volatile commodity prices.
The results fell short of expectations and the Downers Grove, Illinois-based company said 2008 earnings and revenues also would be below Wall Street's estimates.
Earnings for the January-through-March period were $234 million (euro151.36 million), or 30 cents per share, from $116 million, or 16 cents per share, a year ago. Adjusted earnings climbed to 22 cents per share from 13 cents per share _ two cents below the consensus estimate of …






