Kraft Heinz outlook falls short, warns of tariff and SNAP risks
The food company forecast full-year adjusted earnings per share and organic sales below analyst estimates. Also rattling investors, it issued a blanket warning that its outlook doesn’t account for the “significant worsening” of tariffs, food regulation changes, changes to SNAP benefits, currency impacts, and an overall declining macro environment.
Kraft Heinz said it plans to cut prices on some products this year to improve sales. But some analysts are skeptical whether ...
Kraft Heinz (NASDAQ:KHC), the global food and beverage company behind iconic brands like Kraft, Heinz, and Oscar Mayer, ...
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Kraft Heinz books $3.7bn impairment loss as sales struggleUS food heavyweight Kraft Heinz has posted a slump in full-year operating profit linked to a $3.7bn non-cash impairment loss.
A sales drop in the mid-single digits in Kraft Heinz’s fourth quarter and in the low single digits for the year sent the CPG giant’s stock tumbling, but executives have a plan to claw back losses – th ...
Consumer staples companies that make food products, which is basically what both Kraft Heinz and Coca-Cola offer, are dealing ...
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.
The Kraft Heinz Co. told shareholders in a filing Thursday that the movement opposing corporate environmental, social, and ...
Conagra's (NYSE: CAG) 5.1% yield is much higher than that, with Kraft Heinz's (NASDAQ: KHC) 5.4% yield higher still. What do ...
The Kraft Heinz Co.’s net income for the year ended Dec. 28 was $2.7 billion, equal to $2.26 per share on the common stock, ...
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