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As shoppers continue to struggle with higher grocery prices, Kraft Heinz Co. — known for its Mac and Cheese, Heinz Ketchup ...
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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 ...
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, ...
Kraft Heinz forecast annual profit below estimates and missed quarterly sales estimates on Wednesday, as the packaged food ...
The food company forecast full-year adjusted earnings per share and organic sales below analyst estimates. Also rattling ...
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