date:Jul 18, 2012
frozen foodbusiness lack consistency, Cramer said it's also had issues withexecution. The company has not been able to pass costs onto theconsumer, for example. A partnership with T.G.I. Friday's to make
frozen meals didn't seem to pan out either, he noted. Heinz alsohas licenses for Weight Watchers and Boston Market frozen entrees,
Last week, Barclays issued a report entitled Can Heinz Defrost aBetter Multiple? that suggested a break-up might not be thatfarfetched. Heinz management has not com