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More on Kraft Foods (KRFT): Q1 handily beats as its standalone strategy begins to take hold. The...

More on Kraft Foods (KRFT): Q1 handily beats as its standalone strategy begins to take hold. The saw cost savings materialize faster than expected in the quarter and pushed hard to defend itself from new entrants in some of its namesake categories, like macaroni and cheese. Sales rose 2.1%, improving significantly from a 7.2% decline in the previous quarter due to built- up inventory at retailers ahead of last October's split-up. Shares +2% AH.
Comments (1)
  • Sunshine123
    , contributor
    Comments (611) | Send Message
     
    Splitting up Kraft Foods is surely paying off for both Kraft Foods Group and Mondelez Intl. Yeah.
    3 May 2013, 08:37 AM Reply Like
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