Kraft Heinz Q1 Earnings Beat Estimates Under New CEO Steve Cahillane
Kraft Heinz reported first-quarter net sales of $6.05 billion, exceeding Wall Street expectations and showing early success under new CEO Steve Cahillane's leadership. The company saw a rise in stock price by about 3% premarket as brand investments from the previous year began to yield results.
Tickers: $KHC
Topics: ceo_update earnings market_share sales_growth