date:Feb 16, 2013
in productivity, profit, and cash, but we really missed our top line. At the same time we feel very good about the solid foundation we laid for the future of the new Kraft.
Mr. Vernon said the best proof that Kraft is on the right path may be found in the continued growth in some of the companys iconic brands. He said Kraft Macaroni and Cheese revenues were up 11% in 2012, while Velveeta increased 12%. Sales of MiO, which is in year two of its launch, increased 67% despite stepped-up competit