Kraft Heinz lowers annual sales forecast
ReutersApr 29, 2025 11:03 AM
April 29 (Reuters) - Kraft Heinz KHC.O on Tuesday slashed its full-year organic sales forecast, as demand for its snacks and ready-to-eat meal kits take a hit from higher prices and an uncertain economic backdrop.
The Heinz ketchup maker now expects fiscal year 2025 organic net sales to decline between 1.5% and 3.5%, from its prior forecast of flat to down 2.5%.
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