Kraft Foods (NYSE:KFT) has launched a new single-serve format of its Kenco Millicano coffee.

Kraft Foods Expanding Product Range

The food and beverage company Kraft Foods (NYSE:KFT) has introduced a new format of its Kenco Millicano wholebean instant coffee containing 10 sticks with each stick the exact size for a single serving.

Kraft Foods (NYSE:KFT) UK Kenco marketing manager Artur Kuczera said that “the single-serve format is perfect for customers wanting to take their favorite coffee away with them, whether on holiday or just to the office. The company has big plans for Kenco Millicano and for Kenco as a whole this year, with substantial marketing investment and ongoing innovation.”

Kraft Foods Inc. (NYSE:KFT) shares were at 38.01 at the end of the last day’s trading. There’s been a 9.3% movement in the stock price over the past 3 months.

Kraft Foods Inc. (NYSE:KFT) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.75
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.75
Zack’s Rank: 8 out of 44 in the industry