Kraft Heinz Stock Drops
Kraft Heinz misses Q4 revenue, soft outlook weighs on shares
Kraft Heinz (KHC) stock declined Wednesday morning after the ketchup maker reported disappointing fourth quarter results, with revenue falling by 4.1% due to weak demand. The company further dampened investor sentiment by providing a full-year outlook that fell short of analyst expectations.
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As shoppers continue to struggle with higher grocery prices, Kraft Heinz Co. — known for its Mac and Cheese, Heinz Ketchup ...
Kraft Heinz has been one of the bigger disappointments in Berkshire’s $300 billion equity portfolio over the past decade.
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 ...
In its latest collaboration with Dijon McFarlane, aka DJ Mustard, Heinz has launched a limited-edition mustard offering.
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BofA analyst Peter Galbo downgraded Kraft Heinz (KHC) to Underperform from Buy with a price target of $30, down from $36.Maximize Your ...
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