date:May 06, 2013
With competitive entries emerging in the market, Kraft Foods Group Inc. is poised to make investments to defend and grow a number of product lines including macaroni and cheese, said Tony Vernon, chief executive officer.
In a May 2 conference call with financial analysts, Mr. Vernon discussed areas of the Kraft business encountering intensifying competition as well as other highlights for the companys business. He emphasized that Kraft will not ignore emerging competition in areas where the com