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3 days ago · PITTSBURGH & CHICAGO -- (BUSINESS WIRE)--May 1, 2024-- The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) today reported financial results for the first quarter of 2024. “I’m pleased that our strategic focus on unlocking end-to-end efficiencies and reinvesting in the business to drive sales growth continues to ...
2 days ago · Kraft Heinz on Wednesday reported results that didn’t go down well with Wall Street. Organic sales, which strip out currency and merger impacts, fell 0.5% from a year earlier in the first quarter.
2 days ago · Kraft Heinz missed Wall Street estimates for first-quarter sales on Wednesday, signaling inflation-weary consumers were pushing back against its higher-priced branded lunch combos, mac and cheese ...
2 days ago · Kraft Heinz said Wednesday that quarterly sales fell 1.2% as demand softened in the face of higher prices, with weakness in the company’s North America and international developed markets segments.
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2 days ago · Kraft Heinz: Q1 Earnings Snapshot. The the processed food company with dual headquarters in Pittsburgh and Chicago posted revenue of $6.41 billion in the period, falling short of Street forecasts.
2 days ago · 11 analysts have issued 1 year price objectives for Kraft Heinz's stock. Their KHC share price targets range from $35.00 to $48.00. On average, they predict the company's stock price to reach $40.57 in the next year. This suggests a possible upside of 11.8% from the stock's current price.