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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.
Sales for the quarter totaled $4.35 billion from $4.36 billion. On average, analysts expected to see revenue of $4.43 billion.
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.
|VTSMX||Vanguard Total Stock Market Index||1.75%|
|VWINX||Vanguard Wellesley Income Fund||1.38%|
|VFINX||Vanguard 500 Index||1.12%|
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