February 19, 2015

There was carnage on Wall Street last week, when the processed food companies reported earnings. The industry profits as a whole got hammered, and iconic brands of the 20^th century looked like they were on their way to becoming relics.

In its most recent quarter, Kraft’s profits fell 62%, while Kellogg’s plunged 136%, as a growing number of consumers opted out of products loaded with artificial ingredients.More