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CFO: 'Comfort Food' Will See Heinz Through

The company forecasts gains in both sales and profits through its 2009 fiscal year, even as other food companies falter. ... Continued »

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Executive Says Heinz Will Do Just Fine in Recession

H.J. Heinz’s low-priced “comfort foods” will help the company weather the turbulent economy, according to Art Winkleblack Heinz’s chief financial officer.
“Remember, we’re not selling cars or washing machines,” he said during an investor conference on Tuesday. “We’re selling one-, two-, three-dollar products. A lot of our products are comfort foods, so in these tough times […]

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Dan Mitchell

Dan Mitchell has spent the past 20 years writing and editing for newspapers, magazines, and Web publications. Currently, he writes the What's Online column for the Saturday business section of the New York Times. He has also written for the Chicago Tribune, the Minneapolis Star-Tribune, National Public Radio, Business 2.0, and Wired. more »

AboutFood Industry

BNET Food provides daily industry news coverage and insights for managers and executives, focusing on the major companies in the food and beverage sector, from manufacturers to retailers. In addition to detailed company profiles, we bring you critical analysis on new alliances and partnerships, new products, mergers and acquisitions, labor and cost management, investments and deal flow, and a host of other important business issues.

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