These Analysts Boost Their Forecasts On Kraft Heinz After Upbeat Earnings

The Kraft Heinz Company KHC reported better-than-expected second-quarter adjusted EPS results on Wednesday. Kraft Heinz reported a second-quarter FY24 sales decline of 3.6% year-on-year to $6.48 billion, missing the analyst consensus estimate of $6.55 billion. Sales in North America declined 3.1% Y/Y, and International Developed Markets dropped 5%. Organic net sales slipped 2.4%. Adjusted EPS of 78 cents beat the analyst consensus of 74 cents. "Our second quarter net sales growth came in lower than original ...