Kraft Heinz sales miss estimates as higher prices hit demand
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Kraft Heinz (KHC) misses revenue estimates after US market share headwinds
August 2, 2023 9:26 AM EDTKraft Heinz (NASDAQ: KHC) is trading lower in early Wednesday trading after its revenue for the second quarter missed consensus estimates.
The food company reported Q2 EPS of $0.79, $0.03 better than the analyst estimate of $0.76. However, revenue for the quarter came in at $6.72 billion, up 2.6% YoY but... More
