NasdaqGS:KHCFood
Kraft Heinz’s Lowered Outlook and Innovation Push Might Change the Case for Investing in KHC
In the past week, Kraft Heinz lowered its full-year outlook after posting third-quarter earnings where net income rose to US$615 million, but sales declined to US$6.24 billion compared to the previous year.
Alongside financial results, Kraft Heinz announced new product launches and creative partnerships, such as a limited-edition Apple Pie flavored Kraft Mac & Cheese and a collaboration with Herschel Supply for HEINZ-branded travel accessories, highlighting the company's push for innovation...