Kraft Heinz lifts annual profit target again on margin boost from higher prices

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Kraft Heinz (KHC) tops Q3 earnings estimates and raises full-year profit outlook

November 1, 2023 8:26 AM EDT

Kraft Heinz (NASDAQ: KHC) reported its third-quarter earnings on Wednesday, topping profit estimates but missing sales expectations for the quarter. However, the company narrowed its full-year outlook for organic net sales and raised its adjusted EPS range.

The food business reported Q3 earnings of $0.72 per share, $0.06 better... More