John McMillin Quotes
10 John McMillin quotes:
"This is what I've been looking for, ... I think the landscape [for consolidation] of the packaged food industry is about to change for the better."
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"I think Coke's shareholders are trying to send a message to their new CEO,"
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"Over the last year, coffee and cheese have presented Kraft with its greatest challenges, particularly cheese,"
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"I wouldn't look for a shotgun wedding. I'd look for a number that can settle the situation,"
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"It's a startling level of operating earnings growth and it's happening really before the higher ethanol and high-fructose corn syrup prices really go into effect. I'm just taken back (by) how sustainable these earnings levels are."
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"This is probably the best food asset that has been put up for sale in over a decade. What is surfacing as these first bids are coming in is there is a good deal of interest across the board."
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"In this area you try to come up with a differentiated product. And that's what Sara Lee is trying to do here, innovate. This is a good start but the company needs about 100 more products like it."
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"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."
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"Tootsie Rolls are part of everybody's youth,"
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"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."
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