UPDATE 1-Kraft Heinz misses first-quarter sales estimates [Yahoo! Finance]
The Kraft Heinz Company (KHC)
Last the kraft heinz company earnings: 4/30 07:05 am
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US:NASDAQ Investor Relations:
ir.kraftheinzcompany.com/overview
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Source: Yahoo! Finance
Wednesday, as inflation-weary consumers pushed back on higher prices of its branded lunch combos, meat cold cuts and mac & cheese. Shares of the company were down 4% before the bell, even as the packaged food maker kept unchanged its fiscal year 2024 targets. Kraft Heinz has been investing in promotions to help aid a recovery in volumes across its markets but still-high inflation has dented those efforts. Adjusted earnings per share of 69 was in line with analysts' estimates . The Heinz ketchup maker posted net sales of $6.41 billion in the three months ended March 30, compared with analysts' average estimate of $6.43 billion, according to LSEG data. The company maintained its forecasts for organic net sales growth to be flat to 2% and adjusted earnings to grow in the range of 1% to 3%. (Reporting by Savyata Mishra in Bengaluru; Editing by Sriraj Kalluvila)
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KHC
Earnings
- 5/1/24 - Beat
KHC
Sec Filings
- 5/8/24 - Form 4
- 5/8/24 - Form 8-K
- 5/6/24 - Form 4
- KHC's page on the SEC website