CEO Irene Rosenfeld comments on Kraft's (KFT) food service business on yesterday's Q3 earnings...

|By:, SA News Editor

CEO Irene Rosenfeld comments on Kraft's (KFT) food service business on yesterday's Q3 earnings call: "As people are eating more at home, they are coming home to our products ... so I’d say the slowdown in food service has been a net positive to us. Of course, it has been a negative impact to our food service business, but that’s less than 5% of our revenue."