Kraft Heinz misses sales estimates as higher prices deter customers

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Kraft Heinz (KHC) delivers mixed Q1 print, declares quarterly dividend; shares down

May 1, 2024 7:23 AM EDT

Kraft Heinz (NASDAQ: KHC) reported on Wednesday first-quarter earnings that met analyst expectations, while revenue came short.

The companys shares fell 2.8% in premarket trading.

The food giant posted earnings per share (EPS) of $0.69, in line with consensus estimates. Revenue came in at $6.41... More