Tags: kraft heinz | earnings | sales

Kraft Heinz Beats Q2 Revenue Estimates on Steady US Demand

Kraft Heinz Beats Q2 Revenue Estimates on Steady US Demand
(Dreamstime)

Wednesday, 30 July 2025 07:23 AM EDT

Kraft Heinz Wednesday posted a smaller-than-expected drop in sales for the second quarter, helped by resilient demand for its frozen meat cuts and ready-to-eat meals in the United States as consumers tried to stretch their household budgets.

A mix of sticky inflation and heightened economic uncertainty has forced people to cook more affordable meals at home, helping demand for some of Kraft Heinz's products such as its frozen meals, chilled meats and other pantry staples.

The Jello maker has also raised prices for some of its products such as coffee and meats to offset the higher costs of those commodities.

The company's shares rose about 1% in premarket trading. They have fallen about 7% so far this year.

Its quarterly net sales fell 1.9% to $6.35 billion, compared with analysts' average estimate of a 3.35% fall to $6.26 billion, according to data compiled by LSEG.

© 2025 Thomson/Reuters. All rights reserved.


StreetTalk
Kraft Heinz Wednesday posted a smaller-than-expected drop in sales for the second quarter, helped by resilient demand for its frozen meat cuts and ready-to-eat meals in the United States as consumers tried to stretch their household budgets.
kraft heinz, earnings, sales
145
2025-23-30
Wednesday, 30 July 2025 07:23 AM
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