Should I be buying Kraft stock. Should I invest in Kraft Foods stock. After the Cadbury buyout.
The company reported that revenues totaled U.S. $ 11.000 million in the three months, an increase of 3.2% from a year ago but rose 0.4% excluding the splits, acquisitions and currency fluctuations. The volume increases were offset largely by lower prices for cheese products due to lower costs of dairy products.
Analysts, on average, the company posted a quarterly profit of 45 cents per share on revenue of U.S. $ 11.070 billion, according to a survey by Thomson Reuters. In general, analysts' estimates exclude special items.
Gross margin increased 31.6% to 37.5%.
In North America, organic revenue declined by 2.7%, but the gain was increased by 50%
