Kraft Heinz Co. on Wednesday warned it will miss analyst expectations for adjusted profit in 2025, after the food giant faced challenging conditions in the past 12 months.
For full-year 2025, Kraft Heinz $(KHC)$ expects adjusted earnings of $2.63 a share to $2.74 a share, below the FactSet consensus estimate of $3.04 a share.
For the fourth quarter, Kraft Heinz's revenue dropped 4.1% to $6.58 billion, below the FactSet consensus estimate of $6.66 billion.
Kraft Heinz's adjusted fourth-quarter earnings of 84 cents a share beat the analyst estimate of 78 cents a share
(This is a developing news story with updates to come).
-Steve Gelsi
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February 12, 2025 07:22 ET (12:22 GMT)
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