08:04 AM EDT, 04/29/2025 (MT Newswires) -- Kraft Heinz ( KHC ) reported fiscal Q1 adjusted earnings Tuesday of $0.62 per diluted share, compared with $0.69 a year earlier.

Analysts surveyed by FactSet expected $0.60.

Net sales for the quarter ended March 29 were $6.00 billion, compared with $6.41 billion a year earlier.

Analysts surveyed by FactSet expected $6.02 billion.

The company lowered its guidance for fiscal 2025 adjusted EPS to a range of $2.51 to $2.67, from previous guidance of $2.63 to $2.74. It also said it expects fiscal 2025 organic net sales to be 1.5% to 3.5% lower than fiscal 2024, compared with previous outlook of down 2.5% to flat. Analysts surveyed by FactSet expect non-GAAP EPS of $2.66.