Kraft Heinz cuts down on 2024 predictions due to elevated prices impacting consumer demand – Reuters
By Savyata Mishra (Reuters) – Kraft Heinz (NASDAQ:) adjusted its annual forecasts for organic sales and profit on Wednesday due to repeated price hikes impacting demand for the company’s branded products such as Lunchables meal kits and Oscar Mayer cold cuts. Shares of the company fell more than 3% before the market opened, as it … Read more