Kraft Heinz still feeling impact of cost-conscious consumers
Kraft Heinz remains in negative territory as far as volumes are concerned as cash-strapped consumers look for cheaper options.
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Kraft Heinz remains in negative territory as far as volumes are concerned as cash-strapped consumers look for cheaper options.
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Kraft Heinz executives are optimistic that the company will hit its full year financial goals despite a rocky start to the year in which organic sales and overall volumes dropped, due in part to a one-two punch of higher prices and less government support to help low-income consumers buy groceries.