Quotes by Eric Katzman

“The fact is that they basically need to convince the consumer that soup is relevant, that soup is a convenient meal as opposed to being a side dish. Its either that failure or that success, to get that idea across thats going to grow the category or shrink the category.”

“In the 2-1/2 months that have elapsed there has not been any divestiture news.”

“Long-term, thats a tough fix. Wal-Mart is always going to need to sell Coke. They are always going to need to sell Wrigleys. Will they always need to sell Sara Lees coffee or tea? I dont know.”

“The company, taken in its entirety, is a very large, unfocused conglomerate and theyve been trying to pare things down over the last few years, ... They are going to have to prove to the market that they are focusing on core brands that are going to grow.”

“I think they are making substantial changes, but the strategy is not risk free, ... One of the central problems with Sara Lees valuation is this is a company where a number of their brands are relatively small in the scheme of things. Investors are concerned that small brands are more vulnerable over time.”

“The company, taken in its entirety, is a very large, unfocused conglomerate and theyve been trying to pare things down over the last few years. They are going to have to prove to the market that they are focusing on core brands that are going to grow.”

“Our recent contact with a sugar refiner indicates the pressure is not over and actually could increase due to poor crop yields.”

“When you think of Krafts portfolio, its plain vanilla right up the middle.”

“I think we deserve to be the No. 1 team, and if everyone plays their best, we are the No. 1 team. Were much more prepared to handle the hype. It takes awhile to understand what being No. 1 is all about.”