Kraft Heinz Drops 3.4% Amid Sales Slump--Can It Rebound in 2025?
Kraft Heinz (NASDAQ:KHC) just wrapped up a rough 2024, with net sales slipping 3% to $25.8 billion and organic net sales down 2.1%a clear sign that shifting consumer behavior and weaker volumes in key markets are taking a toll.
Kraft Heinz Earnings Up, Sales Slip
For fiscal 2025, Kraft Heinz projects a flat to 2.5% decline in organic net sales, with adjusted EPS expected to range between $2.63 and $2.74, considering a higher tax rate. The company anticipates operating income to decline between 1% and 4% on a constant currency basis.
Kraft Heinz Issues Downbeat Full-Year Earnings Outlook Following Fourth-Quarter Sales Miss
Kraft Heinz (KHC) offered a downbeat full-year earnings outlook on Wednesday as the food and beverage company's fourth-quarter revenue fell more than Wall Street's expectations. The maker of Lunchables and Jell-O anticipates adjusted earnings to be in a range of $2.
Kraft Heinz shares fall on weak 2025 outlook
Shares in Kraft Heinz fell sharply in pre-market trade after the food conglomerate said profit would be below forecasts and missed quarterly sales estimates on the back of weak demand price rises.
Kraft Heinz wraps up ‘challenging’ year with a profit warning as stock drops
The company said it’s “committed to making the necessary investments to drive top-line improvement, while remaining disciplined.”
Kraft Heinz falls to near its 52-week low after its profit outlook disappoints
The Kraft Heinz Company (NASDAQ:KHC) reported a 4.6% decline in sales during Q4 to $6.58 billion. Organic sales fell 3.1% during the quarter to miss the consensus expectation for a drop of 3.2%. The quarter showed once again that consumers may be trading down to cheaper private label alternatives from some of Kraft's (NASDAQ:KHC) well-known
Kraft Heinz Earnings: What To Look For From KHC
Packaged foods company Kraft Heinz (NASDAQ:KHC) will be announcing earnings results tomorrow before market hours. Here’s what you need to know. Kraft Heinz met analysts’ revenue expectations last quarter,
Kraft Heinz stock price target cut to $32 by CFRA, retains Buy rating
CFRA analyst Arun Sundaram announced a reduction in the 12-month price target for Kraft Heinz Company (NASDAQ:KHC) shares, ...
Kraft Heinz Q4 Earnings: EPS Beat, Sales Miss, Soft Outlook And More
Kraft Heinz Company (NASDAQ:KHC) reported a fourth-quarter FY24 sales decline of 4.1% year-on-year to $6.58 billion, missing ...
KHC Earnings: Kraft Heinz Stock Dives on Mixed Q4 & Lackluster Guidance
Kraft Heinz (KHC) stock fell Wednesday after the condiment and food company released its earnings report for Q4 2024. The bad news for KHC ...
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The Kraft Heinz Company: Management's Price Strategy Seems To Be Failing
and management similarly reported that organic net sales fell by 2% in the internationally developed markets even though the company actually lowered prices by .1%. The Kraft Heinz Company saw a ...
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Could Buying Kraft Heinz Stock Today Set You Up for Life?
Kraft Heinz owns some truly iconic brands ... For example, third-quarter 2024 organic sales for the brands management is focusing on fell 4.5%, while the other brands in its portfolio grew ...
Kraft Heinz books $3.7bn impairment loss as sales struggle
US food heavyweight Kraft Heinz has posted a slump in full-year operating profit linked to a $3.7bn non-cash impairment loss.
Kraft Heinz targets adjusted EPS of $2.63-$2.74 for 2025 driven by innovation and emerging markets growth
Kraft Heinz expects adjusted EPS for 2025 in the range of $2.63 to $2.74, with approximately a 26% effective tax rate impacting results.
Kraft Heinz forecasts bleak annual profit as higher prices hamper demand recovery
Kraft Heinz forecast annual profit below estimates and missed quarterly sales estimates on Wednesday, as the packaged food ...