Food companies are pushing the envelope as sagging cereal sales hold back growth. The latest...
Wednesday, February 20, 11:38 AM ETFood companies are pushing the envelope as sagging cereal sales hold back growth. The latest innovation from the sector appears to be drinkable breakfast meals with Kellogg (K) and General Mills (GIS) both offering new dairy-based breakfast drinks after a similar product in Australia performed well. PepsiCo (PEP +0.1%) could also make a breakfast bet after CEO Indra Nooyi hinted the company was looking at ways to "drinkify" its snacks.
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