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ATK Reaches Milestones in Financial Report

ATK (NYSE: ATK) today reported operating results for Fiscal Year 2011, which ended March 31.

The firm noted full-year sales of $4.8 billion.  FY11 fully diluted earnings per share  were the highest in company history.

“In a challenging budget and economic environment, we held the line on sales and delivered strong earnings growth, record net income, and impressive full-year margins despite significant pension headwinds.  In addition, we initiated the company’s first-ever dividend, ” CEO Mark DeYoung said.  “Our focus on efficiency improvements and business execution enhances not only our financial performance, but also improves our competitive position and supports both long-term growth and profitability.”

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