Kraft Heinz Slips 4% as Weak 2025 Outlook Overshad…
From Financial Modeling Prep: 2025-02-12 12:30:00
Kraft Heinz (NASDAQ:KHC) shares dropped over 4% today due to a disappointing 2025 earnings forecast, despite beating Q4 2024 earnings expectations. Revenue fell short at $6.58 billion, below the $6.69 billion estimate, with a 3.1% organic revenue decline. The company distributed $2.7 billion to investors but expects 2025 EPS of $2.63-$2.74, below the $3.04 estimate.
Management at Kraft Heinz is focused on improving organic sales gradually each quarter in 2025, but anticipates limited pricing power with flat to slightly positive pricing contributions. The company’s emphasis on profitability discipline and shareholder returns did not offset the market’s disappointment with the 2025 outlook.
Read more at Financial Modeling Prep:: Kraft Heinz Slips 4% as Weak 2025 Outlook Overshad…