The Kraft Heinz Company (KHC) posted soft fourth-quarter 2023 results, as both the top and bottom lines declined year over year, and the top line came below the Zacks Consensus Estimate. The overall industry witnessed headwinds stemming from the ongoing consumer landscape during the fourth quarter. However, KHC expects these to subside going forward, especially due to the lapping of lower SNAP benefits. Management remains impressed with its overall 2023 performance, wherein it delivered sales in each of its ...