date:Jul 26, 2013
ur margins and returns to this business.
A different set of problems faces the Quaker North America segment, where operating profit dropped 14% during the quarter.
This is a business with great brands, high margins, high returns on capital, and it generates a lot of U.S. cash flow, Ms. Nooyi said. Theres a lot to like about this business.
However, while the international Quaker business continues to perform exceedingly well, the brand in North America has fallen short.
A good deal of this bu