Kraft c.e.o. still tepid on food/beverage demand
date:May 04, 2014
verages, Meals and Desserts, Enhancers and Snack Nuts, Canada and Other, none showed strong sales volume trends. The best performer was Refrigerated Meals, with volume/mix unchanged during the quarter and the balance of segments in the red, capped by a 9.1% decline for Beverages.

In the conference call, Mr. Vernon said many of the factors weighing on consumer demand in 2013 remained in play in the new year.

The impact of reductions to the SNAP program continue to be significant for the many Am
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