H.J. Heinz’s low-priced “comfort foods” will help the company weather the turbulent economy, according to Art Winkleblack Heinz’s chief financial officer.
Heinz is doing well with its Ore-Ida frozen potatoes, soups, beans, and condiments. Winkleblack said the company expects to hit its sales-growth target of six percent this year, with earnings growing by between 8 percent and 11 percent.
