Solid Year Despite Significant Headwinds
On February 7, 2017, we reported our fourth quarter and full-year 2016 results.
“We continue to make solid progress toward our near-term margin targets, while investing for long-term growth,” said Irene Rosenfeld, Chairman and CEO. “Despite significant economic disruptions, political uncertainties and slower global category growth, we remain confident in and committed to our balanced strategy for both top- and bottom-line growth. Throughout the year, we continued to sharpen the focus of our portfolio, increase Power Brand investments and modernize our supply chain. These actions, together with our excellent cost discipline, position us well to deliver strong operating leverage that will drive sustainable value creation for our shareholders.”
For more information, see our press release here and five questions with Irene Rosenfeld.