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Kraft Foods Inc Comments On FY 2013 Organic Net Revenue Growth Guidance; Issues FY 2013 Operating EPS Guidance; Reaffirms Long Term Guidance-Conference Call

Thursday, 6 Sep 2012 08:00pm EDT 

Kraft Foods Inc announced that for fiscal 2013, outlook is consistent with long-term profile. On the top line, the Company expects organic net revenue growth of 5% to 7%, on the bottom line, it expects operating EPS of $1.50 to $1.55. Long-term guidance of 5% to 7% top-line growth and double-digit EPS growth on a constant currency basis will put in the top tier of peer group. Fiscal 2013 outlook is consistent with long-term expectations, and it will be another strong year of top and bottom-line delivery.