The company said it’s “committed to making the necessary investments to drive top-line improvement, while remaining ...
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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.
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, ...
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 ...
The food company forecast full-year adjusted earnings per share and organic sales below analyst estimates. Also rattling ...
Kraft Heinz forecast annual profit below estimates and missed quarterly sales estimates on Wednesday, as the packaged food ...
Kraft Heinz struggles with market share and profit decline and yet the new plan for a turnaround sounds similar to the old ...
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