WSJ: ABI’s Owners Tend to Lose Share

Dear Client: The Wall Street Journal fronted a piece yesterday which suggests that 3G Capital Partners LP, the owners of the likes of Kraft Heinz and Burger King and whose partners also own ABI, while good cost cutters, are terrible at growing market share. In fact, their model seems to be to buy iconic brands and then milk them, suggests the article, Kalmanovitz-style. "[M]any of the company's brands are struggling to keep up with consumers' shift toward less-processed fare," says