date:Jun 06, 2014
ls primarily due to the route-to-consumer change in France that occurred on January 1, 2014, but benefited from a lower effective tax rate.
For the fourth quarter, reported net sales increased 3% to $893 million (+3% on an underlying basis) and reported operating income increased 7% to $189 million (-2% on an underlying basis). Diluted earnings per share in the quarter increased 17% to $0.62, compared to $0.52 in the prior year period.
Paul Varga, the company's Chief Executive Officer said, We