Kraft Heinz forecasts annual profit below estimates
ReutersFeb 12, 2025 12:05 PM
Feb 12 (Reuters) - Kraft Heinz KHC.O forecast annual profit below estimates on Wednesday, as the packaged food maker contends with sluggish demand for its higher-priced products including Lunchables and packaged meat.
The company expects fiscal 2025 adjusted earnings per share to be in the range of $2.63 to $2.74, compared with analysts' average estimates of $3.04.
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