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BRIEF-‍Moody's revises outlook for U.S. packaged foods industry to stable from positive
September 26, 2017 / 6:12 PM / 3 months ago

BRIEF-‍Moody's revises outlook for U.S. packaged foods industry to stable from positive

Sept 26 (Reuters) - Moody‘s:

* Says outlook for U.S. Packaged foods industry revised to stable from positive on waning cost-cutting opportunities

* Says expect U.S. packaged food cos to see improved cash flows as more costly restructurings wind down, cos tighten terms with vendors

* Says opportunities for cutting costs at U.S. packaged foods cos will be sparser in fiscal 2018, though cash flows should improve in near term‍​ Source text for Eikon:

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