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Kraft Heinz Stock Gets Fresh Dividend Cut Warning Ahead of May 6 Earnings
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Kraft Heinz Stock Gets Fresh Dividend Cut Warning Ahead of May 6 Earnings
BofA Securities placed Kraft Heinz in a higher-risk group for dividend cuts, and Morgan Stanley lowered its price target to $22. Shares have dropped over 40% in three years amid falling demand, cost pressures, and the impact of GLP-1 drugs. Kraft Heinz posted a $4.7 billion operating loss for 2025 and expects organic net sales to fall up to 3.5% in 2026. First-quarter results are due May 6. The post Kraft Heinz Stock Gets Fresh Dividend Cut Warn…
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