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 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 ...
Food Companies Find Themselves in a Pricing Pickle
U.S. consumers are fed up with inflation and reluctant to pay higher prices. But food [companies’ own costs are still rising]( ...
Crain's Chicago Business3h
Kraft Heinz outlook falls short, warns of tariff and SNAP risks
The food company forecast full-year adjusted earnings per share and organic sales below analyst estimates. Also rattling ...
GlobalData on MSN6d
NotCo’s plant-based venture with Kraft Heinz hits stumbling block
The Chile-based start-up said it has consolidated “operational efforts in the US and Canada” amid a report the New York ...
Food & Wine17d
This Is the Least Processed Mac ‘n’ Cheese in Your Supermarket
Enter mac ‘n’ cheese. When you make mac ‘n’ cheese at home, the ingredients are straightforward: Pasta, butter, cheese, a little flour, milk, and salt. But while the packaged stuff is a ...