Food stocks tumble after General Mills warns of a weak consumer [Business Insider]
The Kraft Heinz Company (KHC)
Last the kraft heinz company earnings: 4/30 07:05 am
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Source: Business Insider
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in General Mills revised its sales and profit outlook to reflect a deeper dip than previously expected. The company's CEO said a weakening consumer is weighing on results. The Cheerios maker's stock was down 8%, along with other food stocks like Campbell's and Kraft-Heinz. Packaged food stocks fell during Tuesday's trading session after General Mills lowered its outlook, underlining weakening consumer sentiment. The Cheerios maker updated its outlook to reflect a more significant slump in sales and operating profit than previously projected. General Mills stock fell 8% on the cut outlook and other packaged food names also slid into the red. The Campbell's Company stock was 7% lower while Slim Jim maker ConAgra Foods fell nearly 6% and Kraft-Heinz slid roughly 5%. McCormick & Co. and J.M. Smuckers also saw declines. General Mills CEO Jeff H
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KHC
News
- Big Food pours millions into rebrands as obesity drugs reshape U.S. demand [BNN Bloomberg (Canada)]BNN Bloomberg
- Marathon task at Kraft Heinz – can Steve Cahillane turn the tide? [Yahoo! Finance]Yahoo! Finance
- The Kraft Heinz Company Appoints Nicolas Amaya as President, North AmericaBusiness Wire
- Kraft Heinz (NASDAQ:KHC) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
- Kraft Heinz (NASDAQ:KHC) had its "underweight" rating reaffirmed by analysts at Morgan Stanley.MarketBeat
KHC
Earnings
- 2/11/26 - Beat
KHC
Sec Filings
- 2/18/26 - Form 8-K
- 2/12/26 - Form 10-K
- 2/11/26 - Form 8-K
- KHC's page on the SEC website