Kraft Heinz (KHC) Q1 Earnings Top Estimates Despite Lower Sales
Kraft Heinz(KHC) Zacks Investment Research·2024-05-01 23:51
The Kraft Heinz Company (KHC) posted first-quarter 2024 results, wherein the bottom line increased year over year and beat the Zacks Consensus Estimate despite the top line declining from the year-ago period.The first-quarter show came in tandem with management’s expectations, including growth in each of the company’s three strategic pillars — Global Away From Home, Emerging Markets and North America Retail ACCELERATE Platforms. Additionally, KHC witnessed continued sequential volume improvement and operati ...