The Kraft Heinz Co
KHC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Y$z | LOCK|k#%f | LOCK|f^QZ#Z |
Kraft Heinz Earnings: Sales Sour, but Long-Term Strategic Investments Poised to Buoy Prospects
Kraft Heinz's first-quarter organic sales slumped 4.7%, reflecting a 5.6% hit from lower volumes and unfavorable mix. Despite this, the adjusted operating margin ticked up 30 basis points to 20%.
