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Kraft Heinz Earnings Preview: What to Watch

TheMotleyFool

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Kraft Heinz Earnings Preview: What to WatchPhoto, wide shot, wide-angle lens, Restaurant, sunset photo at golden hour, photo by Thomas Heaton: https://img.theapi.app/temp/57273392-070f-46de-9297-125616327242.png

Kraft Heinz Earnings Preview: What to Watch

Kraft Heinz (NASDAQ: KHC) will report its third-quarter earnings on Wednesday, Nov. 1, after the market close. The stock is down 12% year to date following soft sales performance to start the year. Consumers are buying more fresh foods and less packaged foods, which has hurt demand for Kraft Heinz's products.

Will management's initiatives be enough to reignite sales growth? The earnings report will let us know how things are going. Here's what investors need to watch.

Consumers are buying less packaged foods, and that hasn't been good for Kraft Heinz. IMAGE SOURCE: GETTY IMAGES

Source: Fool.com