— Record First Quarter Net Sales Rise 11.8 Percent to $1.90 Billion —
— Net Sales, Adjusted for Adverse Changes in Foreign Currency of $64.4 Million,
Rise 15.6 Percent (12.6 Percent Exclusive of Argentina’s Impact) —
— First Quarter Gross Profit as a Percentage of Net Sales Improves to 54.1 Percent —
— First Quarter Net Income Increases 11.2 Percent to $442.0 Million —
— Company Currently Intends to Commence Tender Offer to Repurchase up to
$3.0 Billion of Common Stock —

Read more at globenewswire.com

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