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Kraft Heinz sales drop
Kraft Heinz sales drop as inflation-battered consumers pull back on pricey packaged foods
The food company – which owns brands like Kraft Mac & Cheese, Heinz Tomato Ketchup, Lunchables, Capri Sun, Kool Aid and Jell-O – raised its prices by 1.2 percentage points during the quarter
Kraft Heinz’s stock drops after sales fall a bit short, amid continued volume declines
Shares of Kraft Heinz Co. shed 2.4% toward a three-month low in premarket trading Wednesday, after the food and beverage brands company reported third-quarter adjusted profit that topped expectations but sales that fell a bit short,
Kraft Heinz nudges guidance to “low end” as sales, volumes decline
Kraft Heinz has tweaked its guidance to the “low end” of a previous range after reporting declines in sales revenue and volumes. The deterioration was evident in both the third quarter and year-to-date figures issued today (30 October),
1d
on MSN
Kraft Heinz trims 2024 forecasts on Lunchables drag, tepid demand
Kraft Heinz on Wednesday tempered its annual forecasts for organic sales and profit as repeated price hikes hurt demand for ...
FoodBusinessNews
15h
Kraft Heinz has a Lunchables problem
A $1.4 billion non-cash impairment charge largely attributable to its Lunchables business underscored the challenges the ...
2d
Kraft Heinz (KHC) Reports Earnings Tomorrow: What To Expect
Packaged foods company Kraft Heinz (NASDAQ:KHC) will be reporting results tomorrow before the bell. Here’s what to expect.
13h
Kraft Heinz price target lowered to $38 from $39 at Citi
Citi lowered the firm’s price target on Kraft Heinz (KHC) to $38 from $39 and keeps a Buy rating on the shares. The company reported a Q3 ...
In Depth
6d
on MSN
In Depth
Exclusive: JBS, Sigma vie for Kraft Heinz's $3 billion hot-dog business, sources say
Brazilian meatpacker JBS and Mexico's Sigma Alimentos are among those competing to acquire Oscar Mayer, the hot dogs and cold ...
8d
Kraft Heinz: A Value Opportunity With Buffett Backing
Kraft Heinz shares continue to have the backing of Warren Buffett despite recent challenges By Blue Chip Portfolios Summary.
13h
Kraft Heinz price target lowered to $40 from $41 at Piper Sandler
Piper Sandler lowered the firm’s price target on Kraft Heinz (KHC) to $40 from $41 and keeps an Overweight rating on the shares. The firm ...
1d
on MSN
Kraft Heinz trims annual forecasts as high prices hinder demand recovery
Kraft Heinz on Wednesday tempered its annual forecasts for organic sales and profit as repeated price hikes hurt demand for ...
1d
Kraft Heinz (KHC) Q3 2024 Earnings Call Transcript
Kraft Heinz (NASDAQ: KHC) Q3 2024 Earnings Call Oct 30, 2024, 9:00 a.m. ET Good day, and thank you for standing by. Welcome ...
1d
Kraft Heinz: Q3 EPS Climbs, Sales Slide
Kraft Heinz reported a mixed third quarter with adjusted profitability gains overshadowed by significant impairment losses.
Cyprus Mail
1d
Kraft Heinz adjusts 2024 forecasts as high prices dent demand
Kraft Heinz (KHC.O) on Wednesday tempered its annual forecasts for organic sales and profit as repeated price hikes hurt ...
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