Seeking Alpha

Kraft shows steady volume gains, announces executive change

Kraft Foods Group (KRFT) reports organic sales rose 3.2% during Q4 on a 4% gain volume/mix gain that was offset by lower pricing.

Refrigerated Meats and Meals & Desserts were the segments showing the highest rate of revenue growth.

In a separate announcement, Kraft says John Cahill will transition to a role as a Non-Executive Chairman of the Board.

KRFT flat in AH trading.

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Comments (2)
  • 50 cent it is
    , contributor
    Comments (1453) | Send Message
    I was hoping they would change CEO s because they need to make some major changes
    13 Feb 2014, 05:55 PM Reply Like
  • 50 cent it is
    , contributor
    Comments (1453) | Send Message
    How long can Kraft depend on pension accounting for future gains?
    14 Feb 2014, 08:27 AM Reply Like
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