Kraft Heinz Co
Kraft Heinz Co: Downgrade of Sales and Profit Forecasts
Kraft Heinz Co. $KHC, the well-known owner of the Heinz and Oscar Mayer brands, has revised its annual sales and adjusted profit forecasts, citing deteriorating consumer sentiment and rising tariffs. This news raises concerns among analysts and investors, as it may impact the company's overall financial stability and market position.