Investor FAQs
Is there really a person named Sara Lee?
Yes. She was 8 years old when Charlie Lubin, a bakery entrepreneur, decided to name his new line of cheesecakes after his daughter, Sara Lee. His company was purchased in 1956 by Consolidated Foods, where Mr. Lubin continued to serve as a senior executive for many years. In 1985, Consolidated Foods changed its name to Sara Lee Corporation. Although Sara has never had a management role at the corporation, she has appeared in some television advertisements for our bakery products. In her words, her father told her the product “had to be perfect because he was naming it after me.” Today, Sara is a philanthropist who spends most of her time supporting the education and advancement of women and girls in science.
What is Sara Lee's largest brand today?
Our namesake brand, Sara Lee, is our largest brand with sales of $1.2 billion in fiscal 2009, up 7% from fiscal 2008.
What is Sara Lee’s oldest brand?
Sara Lee’s oldest brand is our European coffee brand, Douwe Egberts, which also is sold through the U.S. foodservice channel. Douwe Egberts was established in the Netherlands in 1753.
What is Sara Lee’s organizational structure?
Sara Lee has five reporting segments:
- North American Retail
- North American Fresh Bakery
- North American Foodservice
- International Beverage
- International Bakery
When was Sara Lee founded?
The establishment of Sara Lee can be traced back to 1939 when Nathan Cummings acquired C.D. Kenny Company, a small wholesale distributor of sugar, coffee and tea in Baltimore, with net sales of $24 million. In 1954, the company changed its name to Consolidated Foods and in 1985 the name was changed to Sara Lee Corporation.
Where is Sara Lee’s corporate headquarters?
Sara Lee is headquartered in Downers Grove, IL, a western suburb of Chicago. Our address is: 3500 Lacey Road Downers Grove, IL 60515