Kraft Heinz forecasts annual profit below estimates
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Kraft Heinz has forecasted its annual profit to be below estimates due to sluggish demand for its higher-priced products like Lunchables and packaged meat.
February 12, 2025 | 12:30 pm
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Kraft Heinz has forecasted its annual profit to be below estimates, citing sluggish demand for its higher-priced products such as Lunchables and packaged meat.
The forecast of annual profit below estimates is a negative indicator for Kraft Heinz's financial performance. The mention of sluggish demand for key products suggests potential revenue challenges, likely leading to a short-term negative impact on KHC stock price.
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