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Nabisco Holdings 3rd-Quarter Profit Rises 33 Percent (Update2) 

Jump to full article: Bloomberg News, 2000-10-18
Author: Will Edwards

Intro:

Nabisco Holdings Corp., which is being bought by Philip Morris Cos., said third-quarter earnings rose 33 percent as sales of candies, Oreo cookies, Ritz crackers and other snacks increased.

Profit from operations rose to $108 million, or 40 cents a share, from $81 million, or 30 cents, a year earlier. The results beat the 35-cent average estimate of analysts surveyed by First Call/Thomson Financial. Sales rose 9.5 percent to $2.25 billion from $2.06 billion, said spokesman Hank Sandbach.

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