Kraft Heinz Earnings Up, Sales Slip
Kraft Heinz (NASDAQ:KHC), the global food and beverage company behind iconic brands like Kraft, Heinz, and Oscar Mayer, released its fourth-quarter results on February 12, 2025. The company reported adjusted earnings per share (EPS) of $0.84, exceeding the anticipated $0.78, thanks largely to unexpected tax benefits and a reduced number of outstanding shares. However, it faced challenges on the revenue front, with net sales totaling $6.58 billion, slightly below the $6.66 billion forecasted, due to declining organic sales. Overall, the quarter reflected mixed results, as profitability initiatives offset weaker sales figures.
Source: Analyst estimates for the quarter provided by FactSet.
Kraft Heinz is a leading global food and beverage company distinguished by its notable brand portfolio, including Kraft, Heinz, Philadelphia, and Oscar Mayer. The company's core strategy revolves around leveraging its extensive brand equity. In an evolving market, it aims to adapt to consumer demands while maintaining strong brand presence and competitive pricing power.
Source Fool.com
