Kraft Heinz is trying to keep its prices competitive. Some analysts don’t think it will be enough.
As shoppers continue to struggle with higher grocery prices, Kraft Heinz Co. — known for its Mac and Cheese, Heinz Ketchup and Capri Sun — wants to give them a break from inflation this year.
Kraft Heinz Plans Price Cuts to Boost Sales. Wall Street Wants More.
Kraft Heinz said it plans to cut prices on some products this year to improve sales. But some analysts are skeptical whether promotions alone would be enough. “Kraft Heinz has w
Kraft Heinz price target lowered to $29 from $33 at Barclays
Barclays lowered the firm’s price target on Kraft Heinz (KHC) to $29 from $33 and keeps an Equal Weight rating on the shares.Maximize Your
Stifel cuts Kraft Heinz stock price target to $31 from $32
Stifel analysts adjusted their outlook on Kraft Heinz Company (NASDAQ:KHC) stock, reducing the price target from $32.00 to $31.00 while maintaining a Hold rating. The revision follows Kraft Heinz's release of its fourth-quarter earnings,
Kraft Heinz cut by BofA and Citi as outlook disappoints
Kraft Heinz was downgraded by both Bank of America (NYSE:BAC) and Citi following its disappointing FY25 sales and earnings outlook, with analysts citing persistent revenue challenges and a lack of meaningful investment to drive future growth.
Kraft Heinz price target lowered to $31 from $35 at Piper Sandler
Piper Sandler analyst Michael Lavery lowered the firm’s price target on Kraft Heinz (KHC) to $31 from $35 and keeps a Neutral rating on the
Kraft Heinz wraps up ‘challenging’ year with a profit warning as stock drops
Kraft Heinz Co.’s stock fell 3.2% Wednesday after the company warned it will miss analyst expectations for adjusted profit in ...
Kraft Heinz: Fade The Turnaround
Kraft Heinz struggles with market share and profit decline and yet the new plan for a turnaround sounds similar to the old ...
Kraft Heinz forecasts weak profit as high prices put off thrifty shoppers
Kraft Heinz forecast annual profit below estimates and missed quarterly sales estimates on Wednesday, as the packaged food ...
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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 dips after Bank of America flips from being a bull to being a bear
Kraft Heinz ( NASDAQ: KHC) dipped in early trading on Thursday after Bank of America downgraded the food stock straight to an ...
Why Kraft Heinz (KHC) Shares Are Falling Today
Shares of packaged foods company Kraft Heinz (NASDAQ:KHC) fell 6.5% in the pre-market session after the company reported weak ...
Food1d
Kraft Heinz plots price cuts, product innovation and distribution shift to drive sales
A sales drop in the mid-single digits in Kraft Heinz’s fourth quarter and in the low single digits for the year sent the CPG giant’s stock tumbling, but executives have a plan to claw back losses – th ...
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 ...
FoodBusinessNews1d
Kraft Heinz continues to lose ground
The Kraft Heinz Co.’s net income for the year ended Dec. 28 was $2.7 billion, equal to $2.26 per share on the common stock, ...
Meat21h
Kraft Heinz still looking for volume growth
CHICAGO — Volume growth remains elusive for Kraft Heinz Co. For fiscal year 2024, volume/mix fell 3.5% with North America ...