Packaged foods company Kraft Heinz (NASDAQ:KHC) in Q1 CY2025, but sales fell by 6.4% year on year to $6.00 billion. Its non-GAAP profit of $0.62 per share was 2.7% above analysts’ consensus estimates.
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Evening digest: Markets stumble on tariffs, Kraft Heinz split, and Musk’s Tesla robot bet
US markets opened September on shaky footing, rattled by a mix of tariff uncertainty, weak factory data, and a string of corporate headlines. Stocks drifted lower, Treasuries sold off, and the VIX- ...
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