Kraft Heinz struggles with market share and profit decline and yet the new plan for a turnaround sounds similar to the old plan. Explore more details here.

As shoppers continue to struggle with higher grocery prices, Kraft Heinz Co. — known for its Mac and Cheese, Heinz Ketchup and Capri Sun — wants to give them a break from inflation this year.

Shares of packaged foods company Kraft Heinz (NASDAQ:KHC) fell 6.5% in the pre-market session after the company reported weak fourth-quarter results: Sales and EBITDA (a profit measure) fell short of Wall Street's estimates.

Fintel reports that on February 13, 2025, Citigroup downgraded their outlook for Kraft Heinz (NasdaqGS:KHC) from Buy to Neutral. Analyst Price Forecast Suggests 27.95% Upside As of January 29, 2025, the average one-year price target for Kraft Heinz is $36.