Kraft Heinz lowered its full-year sales and earnings guidance Tuesday, citing weaker customer spending in the U.S. and the ...

Kraft Heinz on Tuesday slashed its full-year organic sales and profit forecasts, as demand for its snacks and ready-to-eat ...

PepsiCo last week cut its annual profit forecast, warning of higher production costs and subdued consumer spending due to ...

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.

Sales in the first quarter were down $412 million; the company now expects sales to decline 1.5-3.5% for the year.

Kraft is “acutely aware of the building pressures across food,” such as tariffs, recession concerns and inflation, Kraft ...

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 ...