Kraft Heinz is trying to keep its prices competitive. Some analysts don’t think it will be enough.
As shoppers continue to struggle with higher grocery prices, Kraft Heinz Co. — known for its Mac and Cheese, Heinz Ketchup and Capri Sun — wants to give them a break from inflation this year.
Kraft Heinz Plans Price Cuts to Boost Sales. Wall Street Wants More.
Kraft Heinz said it plans to cut prices on some products this year to improve sales. But some analysts are skeptical whether promotions alone would be enough. “Kraft Heinz has w
Is Kraft Heinz's Organic Sales In The Right Direction? This Analyst Doesn't Think So And Downgrades Stock
BofA Securities analyst Peter T. Galbo has downgraded Kraft Heinz from Buy to Underperform, lowering the price target from $36 to $30. This comes after disappointing fourth-quarter results and an underwhelming FY25 outlook,
Kraft Heinz Earnings Up, Sales Slip
For fiscal 2025, Kraft Heinz projects a flat to 2.5% decline in organic net sales, with adjusted EPS expected to range between $2.63 and $2.74, considering a higher tax rate. The company anticipates operating income to decline between 1% and 4% on a constant currency basis.
Kraft Heinz downgraded to Neutral from Buy at Citi
Citi analyst Thomas Palmer downgraded Kraft Heinz (KHC) to Neutral from Buy with a price target of $28, down from $34.Maximize Your Portfolio
Kraft Heinz: Q4 Earnings Snapshot
The Kraft Heinz Company (KHC) on Wednesday reported fourth-quarter earnings of $2.13 billion. On a per-share basis, the Pittsburgh-based company said it had net income of $1.76. Earnings, adjusted for non-recurring gains,
Kraft Heinz Stock Falls After Quarterly Sales Slump
Kraft Heinz said quarterly sales fell 4.1% from a year ago and its prices crept higher. For the fourth quarter, the maker of sliced cheese and ketchup said sales volumes s
Why Kraft Heinz Stock Went a Bit Sour Today
Kraft Heinz reported a mixed Q4 with lower-than-expected revenue. Management issued cautious guidance for the next fiscal year. The stock currently trades at low earnings and offers a high dividend yield,
Kraft Heinz: Fade The Turnaround
Kraft Heinz struggles with market share and profit decline and yet the new plan for a turnaround sounds similar to the old plan. Explore more details here.
Kraft Heinz wraps up ‘challenging’ year with a profit warning as stock drops
Kraft Heinz Co.’s stock fell 3.2% Wednesday after the company warned it will miss analyst expectations for adjusted profit in ...
Kraft Heinz forecasts weak profit as high prices put off thrifty shoppers
Kraft Heinz forecast annual profit below estimates and missed quarterly sales estimates on Wednesday, as the packaged food ...
Kraft Heinz dips after Bank of America flips from being a bull to being a bear
Kraft Heinz ( NASDAQ: KHC) dipped in early trading on Thursday after Bank of America downgraded the food stock straight to an ...
Why Kraft Heinz (KHC) Shares Are Falling Today
Shares of packaged foods company Kraft Heinz (NASDAQ:KHC) fell 6.5% in the pre-market session after the company reported weak ...
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Kraft Heinz books $3.7bn impairment loss as sales struggle
US food heavyweight Kraft Heinz has posted a slump in full-year operating profit linked to a $3.7bn non-cash impairment loss.
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Kraft Heinz leans on marketing-innovation to drive sales but growth outlook subdued
Kraft Heinz plans to lean on marketing and innovation to drive sales and restore volumes but 2025 is set to be a year of ...
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Kraft Heinz continues to lose ground
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 Flags Anti-ESG Sentiment as Risk for Shareholders
The Kraft Heinz Co. told shareholders in a filing Thursday that the movement opposing corporate environmental, social, and ...
BofA double downgrades Kraft Heinz to Underperform after ‘disappointing’ outlook
As previously reported, BofA downgraded Kraft Heinz (KHC) to Underperform from Buy with a price target of $30, down from $36, following Q4 ...