US food heavyweight Kraft Heinz has posted a slump in full-year operating profit linked to a $3.7bn non-cash impairment loss.
CFRA analyst Arun Sundaram announced a reduction in the 12-month price target for Kraft Heinz Company (NASDAQ:KHC) shares, bringing it down to $32 from the previous $41, while maintaining a Buy rating ...
The food company forecast full-year adjusted earnings per share and organic sales below analyst estimates. Also rattling ...
Stifel analysts maintained their Hold rating on Kraft Heinz Company (NASDAQ:KHC) shares, with a steady price target of $32.00. The stock currently trades near its 52-week low of $28.31, while offering ...
Kraft Heinz Company (NASDAQ:KHC) reported a fourth-quarter FY24 sales decline of 4.1% year-on-year to $6.58 billion, missing ...
Kraft Heinz (KHC) stock fell Wednesday after the condiment and food company released its earnings report for Q4 2024. The bad news for KHC ...
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.
For fiscal 2025, Kraft Heinz projects a flat to 2.5% decline in organic net sales, with adjusted EPS expected to range ...
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 forecast annual profit below estimates and missed quarterly sales estimates on Wednesday, as the packaged food ...
Looking ahead, Kraft Heinz ( KHC) said it expects full-year organic sales growth to be flat to -2.5% and sees full-year adjusted EPS landing in the range of $2.63 to $2.74 vs. $3.04 consensus.