Markets
Kraft Heinz quarterly sales beat Wall Street expectations
- The Chicago-headquartered company said sales grew 6.2% to $6.94 billion in the three months ended Dec. 26, beating the average estimate of $6.82 billion, according to Refinitiv data.
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NEW YORK: Kraft Heinz Co on Thursday beat analysts' estimates for fourth-quarter revenue as people under pandemic lockdown bought more packaged meals, snacks and condiments.
The Chicago-headquartered company said sales grew 6.2% to $6.94 billion in the three months ended Dec. 26, beating the average estimate of $6.82 billion, according to Refinitiv data.