Kraft Heinz (KHC) shares declined Wednesday after the troubled packaged food provider said that it has been looking into possible deals to boost its business, and had a shakeup in its board.
Packaged foods giant Kraft Heinz said it was looking at strategic transactions as consumer demand for its pricey snacks and ready-to-eat meals weakens due to an uncertain economic environment and high inflation.
The upgrades will help lower costs by making the plants more efficient, which in turn may help offset President Donald Trump's tariffs.
The Kraft Heinz Company (NASDAQ:KHC ) Q1 2025 Earnings Conference Call April 29, 2025 9:00 AM ET Company Participants Anne-Marie Megela - Vice President & Global Head of Investor Relations Carlos Abrams-Rivera - Chief Executive Officer Andre Maciel - Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Yasmine Deswandhy - Bank of America Thomas Palmer - Citi David Palmer - Evercore Christopher Carey - Wells Fargo Alexia Irini Tsimikas - Morgan Stanley Operator Greetings, and welcome to The Kraft Heinz Company First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Kraft Heinz Co., known for its ketchup and Capri-Sun brands, lowered its full-year outlook Tuesday amid what it described as a “volatile” operating environment.
KHC's first-quarter sales meet the Zacks Consensus Estimate, while organic net sales decline 4.7% amid volume/mix pressures.
While the top- and bottom-line numbers for Kraft Heinz (KHC) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Kraft Heinz (KHC) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.69 per share a year ago.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Kraft Heinz (KHC), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.
Kraft Heinz (KHC) closed at $30.20 in the latest trading session, marking a +0.87% move from the prior day.
Kraft Heinz (KHC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
KHC's Q1 results are likely to reflect volume performance stemming from evolving consumer behavior influenced by ongoing economic uncertainty.