Company expects inflation to peak in its upcoming first quarter and decelerate the rest of the year.

Management said supply chain issues eased during the second quarter.

Morningstar lowers the company’s value estimate per share.

The new ready-to-drink Jack and Coke line will debut in Mexico this year.

New organization will feature four business units.

Kraft Macaroni and Cheese unveils new brand identity.

MorningStar Farms business may be spun off or sold.

Ingredient portfolio offers better-for-you options.

Three independent businesses will be created by the transaction.

Strategies put in play pre-pandemic are paying dividends.