Kraft Heinz removing synthetic dyes from food, facing struggles, revenue misses estimates.

From Yahoo Finance: 2025-06-29 13:19:00

The Kraft Heinz Company (KHC) shares have dropped 16.8% due to struggles in the food sector from inflation and weight loss drugs. The company’s fiscal fourth quarter revenue missed estimates, with a 2025 profit-per-share guidance of $2.685, lower than analyst predictions of $3.04. Jim Cramer criticized KHC’s poor value proposition.

Jim Cramer mentioned that The Kraft Heinz Company (KHC) is removing synthetic dyes from its food products. Cramer previously criticized KHC as a waste of capital and recommended investing in other undervalued stocks like Texas Roadhouse. KHC’s struggles in the food sector have led to a decline in share value and negative investor sentiment.

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Read more at Yahoo Finance: The Kraft Heinz Company (KHC) Is Removing Synthetic Dyes From Its Food, Says Jim Cramer