Tag: analysts

BUSINESS

Kraft Heinz Takes Hit As Consumers Shun Processed Food

A shift in consumer preference for freshly produced products over-processed foods is putting Kraft Heinz under pressure to catch up with consumers’ needs. The company reported fourth-quarter sales recently shows a five percent dip in sales, falling short of Wall Street’s forecasts. Although earnings beat analysts’ estimates, shares of Kraft Heinz have shown a eight percent decline. The stock is […]