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Kraft Heinz lowered its full-year sales and earnings guidance Tuesday, citing weaker customer spending in the U.S. and the ...
PepsiCo last week cut its annual profit forecast, warning of higher production costs and subdued consumer spending due to ...
Sales in the first quarter were down $412 million; the company now expects sales to decline 1.5-3.5% for the year.
Kraft Heinz now forecasts an up to 3.5% decline in its full year organic net sales, this is in contrast with a previous “flat ...
Kraft Heinz recorded a drop in sales during the first quarter and lowered its guidance for the year, citing a volatile operating environment.
April 29 (Reuters) - Kraft Heinz (KHC.O), opens new tab on Tuesday slashed its full-year organic sales and profit forecasts, as demand for its snacks and ready-to-eat meal kits takes a hit from ...
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Based in Pittsburgh and Chicago, Kraft Heinz is the latest big food company to sound the alarm over trade tensions and weak ...
Kraft Heinz lowered its full-year sales and earnings guidance Tuesday, citing weaker customer spending in the U.S. and the impact of President Donald Trump’s tariffs. It’s the latest big food ...
In the three months to 29 March, group net sales dropped 6.4% on a reported basis and 4.7% in organic terms to just shy of $7bn. In Kraft Heinz’s largest sales division of North America ...
Kraft Heinz Co. trimmed its annual sales and profit outlook, citing worsening consumer sentiment and the cost of tariffs. The owner of the Heinz and Oscar Mayer brands said organic sales ...
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