Want to join the conversation?
In Europe, in 1Q16, $KHC saw a volume/mix decline of 0.8%. Constant currency EBITDA went down versus prior year. In Rest of World, $KHC saw a slightly less FX drag in 1Q16 but still it was over 25%. The company saw greater organic sales growth driven by a good balance of volume/mix and price. Pricing was 2.1% and volume/mix went up 8.3%.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.