Kraft Heinz forecasts bleak annual profit as higher prices hamper demand recovery
Kraft Heinz forecast annual profit below estimates and missed quarterly sales estimates on Wednesday, as the packaged food maker struggles with sluggish demand for its products such as Lunchables and packaged meat following price hikes.
Kraft Heinz forecasts annual profit below estimates
Kraft Heinz forecast annual profit below estimates on Wednesday, as the packaged food maker contends with sluggish demand for its higher-priced products including Lunchables and packaged meat. The company expects fiscal 2025 adjusted earnings per share to be in the range of $2.
Amid a "buy Canadian" push inspired by trade tensions with the U.S., some multinational food and beverage companies are working hard to highlight their Canadian-made products.
Kraft Heinz took aim at the prime minister last week, saying comments he made in relation to a looming Canada-U.S.
The food company forecast full-year adjusted earnings per share and organic sales below analyst estimates. Also rattling ...
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For fiscal 2025, Kraft Heinz projects a flat to 2.5% decline in organic net sales, with adjusted EPS expected to range ...
Kraft Heinz ( NASDAQ: KHC) is set to report fourth quarter earnings on Wednesday, and investors will watch out for the ...
Though viewers here typically gripe about missing out on the slick U.S. commercials made for the broadcast, this year’s batch ...
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