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Kraft Heinz forecasts annual profit below estimates
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Kraft Heinz forecasts annual profit below estimates
Feb 12, 2025 4:34 AM

Feb 12 (Reuters) - Kraft Heinz ( KHC ) 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.

(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by

Sriraj Kalluvila)

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