Is Kraft Heinz's Organic Sales In The Right Direction? This Analyst Doesn't Think So And Downgrades Stock
BofA Securities analyst Peter T. Galbo downgraded Kraft Heinz Co (NASDAQ:KHC) from Buy to Underperform and lowered the price forecast from $36.00 to $30.00 after reviewing the fourth-quarter FY24 results and the underwhelming FY25 outlook.
Kraft Heinz struggles with market share and profit decline and yet the new plan for a turnaround sounds similar to the old ...
Kraft Heinz plans to lean on marketing and innovation to drive sales and restore volumes but 2025 is set to be a year of ...
The company's products aren't known for being healthy options, and as younger demographics become more concerned with healthy eating, Kraft Heinz's top line may come under more pressure in the ...
Looking ahead, Kraft Heinz ( KHC) said it expects full-year organic sales growth to be flat to -2.5% and sees full-year adjusted EPS landing in the range of $2.63 to $2.74 vs. $3.04 consensus.
Consumer staples companies that make food products, which is basically what both Kraft Heinz and Coca-Cola offer, are dealing ...
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