Top brands let them pass along higher costs

These three leading foodmakers continue to post strong sales gains, mainly because they are increasing their selling prices as they cope with higher costs for ingredients, labour and fuel.
So far, thanks to their strong brands, the higher prices have not significantly hurt their volumes. All… Read More

Kraft Heinz expands in Brazil

KRAFT HEINZ CO. $35 remains a hold. The foodmaker (Nasdaq symbol KHC; Income Portfolio, Consumer sector; Shares outstanding: 1.2 billion; Market cap: $42.0 billion; Price-to-sales ratio: 1.7; Dividend yield: 4.6%; TSINetwork Rating: Above Average; www.kraftheinzcompany.com) is a leading producer of processed foods. Its top brands include Velveeta and… Read More