The Kraft Heinz Co

KHC: XNYS (USA)
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Kraft Heinz Earnings: Unwavering Brand Investments Should Serve Up Gains in Time; Shares a Bargain

Kraft Heinz's second-quarter organic sales sank 2%, while adjusted operating margin plunged 120 basis points to 20.1%. However, the firm held the line on full-year expectations for a 1.5% to 3.5% decline in organic sales against $2.51-$2.67 in adjusted EPS.

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