Sales Fall At Kraft Heinz As Cash-Strapped Consumers Continue To Switch To Cheaper Alternatives

Kraft Heinz Q3: Dipping Sales, Savory Split in 2026 & the Crunch for Iconic Brands

read the original version on: www.retailnews.asia Food industry behemoth Kraft Heinz reported a disappointing third quarter with lower than anticipated results. The company attributes the underperformance to persistent cost pressures and diminishing consumer demand, which have compelled a downward revision of its forecast for fiscal year 2025. Kraft Heinz, the name behind iconic products like Heinz Ketchup and Kraft Mac & […] The post Kraft Hein…

Sales Fall At Kraft Heinz As Cash-Strapped Consumers Continue To Switch To Cheaper Alternatives

Kraft Heinz has reduced its full-year sales and profit forecasts after budget-conscious consumers continued to switch from pricier brands to cheaper supermarket own-label alternatives. The global food giant’s third-quarter net sales fell 2.3% (-2.5% organic) to $6.24bn, compared with analysts’ (more…) The post Sales Fall At Kraft Heinz As Cash-Strapped Consumers Continue To Switch To Cheaper Alternatives appeared first on KamCity.

Price-conscious consumers divide Kraft Heinz ahead of split - RetailDetail EU

Kraft Heinz sees a decline in demand for its more expensive products. As customers increasingly turn to cheaper private labels, the American food group is lowering its sales and profit forecasts.