We continue to see Brazil as a challenging area with the currency remaining surprisingly strong and with Russia just banning all chicken imports.
More Quotes from John McMillin:
The bottom line is that this is a low bid for a company that has enough earnings power to fuel a 30 stock price even with the heavy upfront spending for its case-ready products,John McMillin
Over the last year, coffee and cheese have presented Kraft with its greatest challenges, particularly cheese,
John McMillin
The good news is that we think Tyson is at a low point in its earnings cycle.
John McMillin
They've had their franchise, particularly domestically, eroded in the last decade by the value sector. I think now they're going on the offensive. While this will hurt earnings, I think it's the right thing to do.
John McMillin
I think (Quaker Chief Executive Robert) Morrison did the best job he could for Quaker Oats shareholders. It took a while, but you can't blame him for courting Coca-Cola.
John McMillin
IBP wants to disappear as it becomes a stronger company over the next several years with a much more focused brand, ... But again, seeing the takeout price lower than IBP's 52-week high is not satisfying.
John McMillin
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