Investopedia: Cozying Up To Kraft

Familiar themes continue to dominate the packaged food space. Volume is weak across the board as bargain-priced private label brands grab share, but emerging markets remain an attractive source of growth. With some of the strongest brands in packaged food and the best overseas exposure of its American peers, Kraft (NYSE:KFT) seems to be separating itself from the pack a bit.

Results in Line with Prior Announcement  
Kraft made an early announcement of the highlights of its fourth quarter earnings, so the formal announcement on Feb. 21, 2012 held relatively few surprises. Revenue rose about 7% as reported, with organic growth coming in at a strong 6%. North America was surprisingly strong with 7% organic growth, while developing market growth was up a similar amount. Europe was the laggard, but still positive at 3% organic growth.

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