HomeLifestyleFood & BeverageKraft-Heinz (KHC) Squeezes Out a Win, Drops Anyway
Kraft-Heinz (KHC) Squeezes Out a Win, Drops Anyway

: Kraft-Heinz (KHC) is the subject of today’s FOMO segment. In this segment Alex Coffey and Jenny Horne discuss the decline despite positive earnings. (KHC) beat earnings expectations and raised its full-year forecast for organic net sales, but profit margins narrowed. Revenue of $6.55B (-1.1% Y/Y) beats by $190M and YTD. Net cash from operating activities was $788 million, down 61.2% versus a year-ago. Alex demonstrates an example trade using Kraft-Heinz (KHC) which was down ~8% Wednesday afternoon to ~$36/share.

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