Kraft Heinz: Earnings boost and a smart sale of Planters
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Thursday’s Kraft Heinz earnings call was a quick 31 minutes, but it revealed a lot about the future of the recently beleaguered company. Barron’s Teresa Rivas summed it up best: “What a difference a year makes.” Led by rising sales across all its platforms, the company reported a solid 6% growth from the previous year. The Tase Elevation platform, which features its Ketchup and Mayonnaise brands, saw an increase of 14% in its non-foodservice accounts. “We couldn’t be more optimistic and positive about the momentum that we have in the company right now,”
Kraft Heinz: Earnings boost and a smart sale of Planters
Kraft Heinz: Earnings boost and a smart sale…
Kraft Heinz: Earnings boost and a smart sale of Planters
Thursday’s Kraft Heinz earnings call was a quick 31 minutes, but it revealed a lot about the future of the recently beleaguered company. Barron’s Teresa Rivas summed it up best: “What a difference a year makes.” Led by rising sales across all its platforms, the company reported a solid 6% growth from the previous year. The Tase Elevation platform, which features its Ketchup and Mayonnaise brands, saw an increase of 14% in its non-foodservice accounts. “We couldn’t be more optimistic and positive about the momentum that we have in the company right now,”