Kraft Heinz announced it would pause plans to break into two separate entities. New CEO Steve Cahillane believes the company’s challenges are fixable. The company plans to invest $600 million in marketing, sales, R&D, and pricing to accelerate profitable growth. Stock initially dropped but rebounded slightly.

Cahillane, previously of Kellanova, successfully split from Kellogg in 2023. Stifel analyst Matthew Smith called the pause a “negative.” Q4 results showed adjusted earnings of $0.67, beating expectations, but revenue slightly lower at $6.35 billion. Company expects organic net sales to drop more than expected in 2026.

Read more at Yahoo Finance: Kraft Heinz pauses plans to split into 2 companies as it faces consumer headwinds, pricing challenges