BNET Industries
Kraft Foods Inc. (KFT) is in the Food Industry
- Revenue
- Dec 31 2007
- $37.2B
- Profit
- Dec 31 2007
- $2.5B
- Market Cap
- May 13 2008
- $47.2B
Latest News and Analysis
Cadbury Starts Solo Against Bid Background
By David Jones LONDON (Reuters UK) - Cadbury CBRY must improve profit margins and earnings or become a sitting duck for a bid, analysts said on Friday as the company started trading as a standalone confectionery group. London-based Cadbury needs to boost margins towards the ...
Kraft, Kellogg, Dean Beat Estimates Despite Costs
By Brad Dorfman CHICAGO (Reuters) - Two of the largest U.S. food makers, Kraft Foods Inc KFT and Kellogg Co K, posted higher-than-expected quarterly profit on Wednesday, showing that price increases and cost-cutting measures continue to offset soaring costs for wheat...
Kraft First-quarter Profit Falls, But Sales Jump
CHICAGO (Reuters) - Kraft Foods Inc KFT on Wednesday posted a lower quarterly profit, hit by rising ingredient and commodity costs and spending on new products and marketing, although sales jumped. The largest North American food maker, with brands that include...
Mars and Buffett Buying Wrigley For $23 Billion
By Brad Dorfman CHICAGO (Reuters UK) - M&M's candy maker Mars Inc has teamed up with billionaire Warren Buffett to buy the No. 1 chewing gum manufacturer Wm Wrigley Jr Co WWY for $23 billion (11.55 billion pounds), creating the world's largest confectionery company. The...
Mars, Buffett Buying Wrigley For $23 Billion
By Brad Dorfman CHICAGO (Reuters) - M&M's candy maker Mars Inc has teamed up with billionaire Warren Buffett to buy the No. 1 chewing gum manufacturer Wm Wrigley Jr Co WWY for $23 billion, creating the world's largest confectionery company. The deal, announced...
Rate Uncertainty Hangs Over U.S. Stocks
By Jennifer Coogan NEW YORK (Reuters) - The stock market will likely start the week on a hesitant note with Wall Street facing the first Federal Reserve interest-rate decision in many months not knowing that a cut is likely guaranteed. Sparks could fly,...
Big Drop in Kraft Chief's Total Pay
Kraft Foods CEO Irene Rosenfeld's total compensation in 2007 was nearly 40 percent lower than in 2006 -- a far bigger drop proportionally than the declines of Kraft's profits and stock price. In 2007, the company reported this week, Rosenfeld took home a total of $11.3 million,...
Big Drop in Kraft Chief's Total Pay
Kraft Foods CEO Irene Rosenfeld's total compensation in 2007 was nearly 40 percent lower than in 2006 -- a far bigger drop proportionally than the declines of Kraft's profits and stock price. In 2007, the company reported this week, Rosenfeld took home a total of $11.3 million,...
Inflation + Slowdown = Pricing Dilemma for Food Makers
As commodity costs have soared, analysts have been pleading with Kraft Foods to raise its retail prices. But the packaged-food giant has hesitated, worried that higher prices would send consumers scurrying to discount brands. Such is the dilemma created when inflation hits during an economic slowdown. ...
Inflation + Slowdown = Pricing Dilemma for Food Makers
As commodity costs have soared, analysts have been pleading with Kraft Foods to raise its retail prices. But the packaged-food giant has hesitated, worried that higher prices would send consumers scurrying to discount brands. Such is the dilemma created when inflation hits during an economic slowdown. ...
Kraft in the Crosshairs
Nelson Peltz, the activist investor that riled Heinz, Wendy's, and spurred the Cadbury-Schweppes break-up, now reportedly has Kraft Foods on his hit list. Through his investment firm, Trian Fund Management, Peltz has accumulated a 3 percent stake in the company, and he isn't happy with Kraft's downward performance. While recent...
Kraft Foods Builds Supplier Relationship Management Bridge
In 2004, Kraft Foods embarked upon a sustainable growth plan to turn the company into a more focused, nimble and cost-effective global competitor. Part of this plan included a new Supplier Relationship Management SRM "Bridge" within Kraft's global procurement organization. Although the term SRM is used to refer to anything...
Additional Resources
Learn about the World Breakfast Cereals Markets
Reportlinker.com announces that a new market research report related to the Breakfast - Cereals industry is available in its catalogue. World Breakfast Cereals Markets http://www.reportlinker.com/p087300/World-Breakfast-Cereals-Markets.html This report analyzes the worldwide markets for Breakfast Cereals in Millions of US$. The report provides separate comprehensive analytics for the...
Research and Markets: Kraft Foods, Inc. Recorded Revenues of $34,356 Million During the Fiscal Year Ended December 2006, a Marginal Increase of 0.7% Over 2005
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c90720) has announced the addition of Kraft Foods, Inc. - SWOT Analysis to their offering. The Kraft Foods, Inc. - SWOT Analysis company profile is the essential source for top-level company data and information. The report examines the company's key business structure...
Kraft Foods Invests in Quality and Innovative Growth Platforms to Launch More Than 80 New Products At FMI in 2008
Company to Showcase Food and Beverage Offerings for Health & Wellness, Premium Taste, Quick Meals and Accessible Snacks at 2008 FMI Show NORTHFIELD, Ill. -- Kraft Foods Inc. (NYSE:KFT), a global leader in branded foods and beverages, will highlight more than 80 new products at the 2008 Food...
Kraft Reports Solid Start to 2008
NORTHFIELD, Ill. -- Kraft Foods Inc. (NYSE:KFT): * Q1 net revenues increased 20.8%; organic net revenues(1) grew 8.0% * Q1 diluted EPS of $0.40 declined 7.0%; excluding items,(1) $0.44 equal to prior year * 2008 organic revenue growth guidance raised to at least 5%,...
Werther Partners, LLC Acquires Well-Known Confection Company Sorbee International Ltd
NEW YORK and PHILADELPHIA, April 30 /PRNewswire/ -- Werther Partners, LLC has acquired substantially all of the assets of Sorbee International Ltd. (http://www.sorbee.com/), a Philadelphia-based developer and marketer of high quality sugar-free candy, cookies and condiments, as well as non-sugar-free licensed confection products. Werther Partners acquired the business...
DemandTec and Industry Leaders Showcase Strategies for Next-Generation Category Management and Merchandising
Retailers, consumer products manufacturers and industry thought-leaders share strategies and best practices at DemandBetter 2008 conference SAN FRANCISCO, April 25 /PRNewswire-FirstCall/ -- DemandTec, Inc. , a leading provider of on-demand merchandising and marketing software services for retailers and consumer products companies, today announced that executives from retail...
Kraft to Divest Certain Trademarks in Spain and Hungary to Fulfill Regulatory Requirement
NORTHFIELD, Ill. -- Kraft Foods Inc. (NYSE: KFT) today announced it has signed agreements to sell the Artiach biscuits business in Spain to Panrico and the Balaton chocolate trademark in Hungary to Nestle. These actions follow last year's decision by the European Commission to clear Kraft's acquisition of...
HBS Takes Initial Steps to Enter the Arena of Renewable Power Generation
Human BioSystems (OTCBB: HBSC) ("HBS"), aSilicon Valley-based biotech and bioenergy company, has partnered withDairy Development Group ("DDG") to form Environmental BioMass Energy("EBE"). EBE will specialize in the conversion of waste biomass, such ascow manure, to renewable electrical energy using proprietary technology.Project implementation is being initiated in California. Mr. Len Chapman,...
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- Incorporated: 2000
- CEO: Ms. Irene B. Rosenfeld
Kraft Foods is a holding company engaged in the manufacture and marketing of packaged food products, which include snacks, beverages, cheese, snacks, convenient meals and various packaged grocery products. Co. operates through two units: Kraft North America Commercial and Kraft International. Co.'s Kraft North America Commercial operates in the U.S. and Canada, and manages its operations primarily by product category. Co.'s Kraft International Commercial manages its operations by geographic region. As of Dec 31 2007, Co. had operations in operations in more than 70 countries and sold its products in over 150 countries.
Key Competitors
Kraft Foods Inc. Company Info
Board of Directors
Ms. Irene B. Rosenfeld
Chairman
Mr. Fredric G. Reynolds
Ms. Deborah C. Wright
Ms. Lois D. Juliber
Mr. Frank G. Zarb
Ms. Mary L. Schapiro
Lead Director
Mr. Ajay Banga
Mr. Jan Bennink
Dr. Myra M. Hart Ph.D.
Ms. Lois D. Juliber
Mr. Mark D. Ketchum
Dr. Richard A. Lerner M.D.
Mr. John C. Pope
Contact Information
Three Lakes Drive
Northfield, IL
847 646-2000