Kraft Foods Grp (KRFT) Misses Q2 EPS by 1c

Kraft Foods Grp (NASDAQ: KRFT) reported Q2 EPS of $0.82, $0.01 worse than the analyst estimate of $0.83. Revenue for the quarter came in at $4.7 billion versus the consensus estimate of $4.86 billion.

"We continue to execute our playbook and are on track to deliver another solid year of growth in earnings and cash flow," said Kraft CEO Tony Vernon. "However, there's no question that economic and consumer trends are creating top-line growth challenges for the food and beverage industry, Kraft included. Our focus remains on driving profitable growth through brand renovation, innovation, impactful marketing and total cost management."

For earnings history and earnings-related data on Kraft Foods Grp (KRFT) click here.

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