Warren Buffett: Changing consumer habits are hitting Coca-Cola and Kraft

Warren Buffett: Changing consumer habits are hitting Coca-Cola and Kraft

6 years ago
Anonymous $CLwNLde341

https://www.cnbc.com/2018/05/07/warren-buffett-changing-consumer-habits-hitting-coca-cola-and-kraft.html

Coca-Cola and Kraft Heinz are good businesses, but they don't look as good as they did 10 years ago, billionaire investor Warren Buffett told CNBC on Monday.

"There are two reasons for that," the chairman and CEO of Berkshire Hathaway said in a "Squawk Box" interview. "One is people seem a little bit more willing to experiment with different diets and food than they were five or 10 years ago."

Warren Buffett: Changing consumer habits are hitting Coca-Cola and Kraft

May 7, 2018, 12:17pm UTC
https://www.cnbc.com/2018/05/07/warren-buffett-changing-consumer-habits-hitting-coca-cola-and-kraft.html >Coca-Cola and Kraft Heinz are good businesses, but they don't look as good as they did 10 years ago, billionaire investor Warren Buffett told CNBC on Monday. >"There are two reasons for that," the chairman and CEO of Berkshire Hathaway said in a "Squawk Box" interview. "One is people seem a little bit more willing to experiment with different diets and food than they were five or 10 years ago."