What Kraft's Earnings Mean For Mutual Fund Investors (KRFT)

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

Kraft Foods company logo

News

What Kraft's Earnings Mean For Mutual Fund Investors (KRFT)

Shauna O'Brien Apr 29, 2015

After the closing bell on Tuesday, Kraft Foods (KRFT) released its Q1 results. Here’s what the results mean for mutual fund investors.

Inside KRFT’s Results

Earnings

The company reported earnings of $429 million, or 72 cents per share, down from $513 million, or 85 cents per share, last year. On average, analysts expected to see EPS of 81 cents.

Revenue
Sales for the quarter totaled $4.35 billion from $4.36 billion. On average, analysts expected to see revenue of $4.43 billion.


The Packaged Foods Company Struggle

Like its competitors, Kraft has struggled to maintain sales as consumers are now seeking healthier options. The company recently announced that it plans to remove dye from its iconic mac & cheese.

In the second half of 2015, Kraft will close its deal to merge with H.J. Heinz, making it the third largest packaged food company in North America.


Mutual Funds to Watch

Investors interested in KRFT may be interested in the funds listed below. These funds currently have the largest stakes in the company.

The Bottom Line

The funds listed above allow investors to gain exposure to KRFT while remaining diversified. Investors interested in KRFT may also be interested in General Mills (GIS) or JM Smucker (SJM).

If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Please Enter Your Email
Please Select Your Advisor Type

Popular Articles

Download Our Free Report

Why 30 trillion is invested in mutual funds book