HJ Heinz Q4 net income down 22%
date:May 26, 2012
rganic sales to $382m, while operating income soared 38.4% to $52m, due to higher sales of branded ketchup and sauce.

North American consumer business sales inched down 2.2% to $843m, while operating income dropped 5% to $192m, as pricing actions implemented to offset higher commodity costs affected sales volume.

In Europe, sales grew 1.2% to $905m, while operating income fell 1% to $165m, due to unfavorable foreign exchange and higher marketing investments. Sales in Asia/Pacific region grew 4
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