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Kraft Heinz Cools Its 2025 View As North America Demand Sours - Kraft Heinz (NASDAQ:KHC)
Kraft Heinz expects a 3% to 3.5% organic sales decline as US consumers shift away from processed foods, with a business split planned for the second half of 2026.
Summary by Benzinga
6 Articles
6 Articles
Kraft Heinz reports soft Q3 results, eyes 2026 split
Kraft Heinz reported weaker-than-expected Q3 results as ongoing cost pressures and soft consumer demand continued to weigh, leading the food giant to lower its FY25 forecast. The company, known for Heinz Ketchup and Kraft Mac & Cheese, posted net sales of US$6.24 billion globally, down 2.3 per cent from the same period last year, with organic sales falling 2.5 per cent. Adjusted operating income declined 16.9 per cent to US$1.1 billion, a nearl…
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Total News Sources6
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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