financetom
Business
financetom
/
Business
/
Kraft Heinz beats quarterly revenue estimates
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Kraft Heinz beats quarterly revenue estimates
Jul 30, 2025 4:26 AM

July 30 (Reuters) - Kraft Heinz ( KHC ) on Wednesday

posted a smaller-than-expected drop in sales for the second

quarter, helped by resilient demand for its frozen meat cuts and

ready-to-eat meals in the United States as consumers tried to

stretch their household budgets.

Its quarterly net sales fell 1.9% to $6.35 billion, compared

with analysts' average estimate of an 3.35% fall to $6.26

billion, according to data compiled by LSEG.

(Reporting by Juveria Tabassum in Bengaluru; Editing by Devika

Syamnath)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Elf Beauty projects annual sales, profit below estimates despite upbeat Q4
Elf Beauty projects annual sales, profit below estimates despite upbeat Q4
May 22, 2024
By Granth Vanaik (Reuters) - Elf Beauty ( ELF ) projected annual sales and profit below Wall Street expectations on Wednesday, in a sign that sticky inflation has left little room for Americans to spend on affordable luxuries such as cosmetic and skincare products. However, the California-based firm topped estimates for fourth-quarter revenue and profit. WHY IT'S IMPORTANT While beauty...
--Synopsys Guides For Q3 EPS of $3.25-$3.30 on Revenue of $1.50-$1.54 Billion, vs CIQ Analyst Consensus of $3.22/Share on Revenue of $1.6 Billion
--Synopsys Guides For Q3 EPS of $3.25-$3.30 on Revenue of $1.50-$1.54 Billion, vs CIQ Analyst Consensus of $3.22/Share on Revenue of $1.6 Billion
May 22, 2024
04:07 PM EDT, 05/22/2024 (MT Newswires) -- Price: 560.00, Change: -13.13, Percent Change: -2.29 ...
Celsius Holdings Unusual Options Activity For May 22
Celsius Holdings Unusual Options Activity For May 22
May 22, 2024
Deep-pocketed investors have adopted a bullish approach towards Celsius Holdings ( CELH ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in CELH usually suggests something big is about to happen. We gleaned this information...
US lawmakers urge Justice Department to probe climate deception by Big Oil
US lawmakers urge Justice Department to probe climate deception by Big Oil
May 22, 2024
May 22 (Reuters) - U.S. lawmakers behind a congressional probe of major oil companies on Wednesday called on the Justice Department to investigate whether the industry deceived the public about fossil fuels' impact on climate change. Two Democrats, Senator Sheldon Whitehouse and Representative Jamie Raskin, outlined the findings of a nearly three-year investigation into Big Oil and urged the agency...
Copyright 2023-2026 - www.financetom.com All Rights Reserved