Create a free Manufacturing.net account to continue

Digesting Kraft's 72 Percent Decline in Profit

Kraft's CEO put a positive spin on the company's 72 percent dip in profit. Stock prices are up this year overall, indicating investors don't seem too concerned about the nosedive, which is believed to be related to the company's spinoff of its snack business last year.

Kraft's CEO put a positive spin on the company's 72 percent dip in profit. Stock prices are up this year overall, indicating investors don't seem too concerned about the nosedive, which is believed to be related to the company's spinoff of its snack business last year.