Kraft Heinz becoming 'confidently optimistic,' says CEO, 2020-10-30

PITTSBURGH — After third-quarter results came in better than expected, Kraft Heinz Co. gave an outlook of mid-single-digit organic net sales growth for the fiscal year. The company did not offer fiscal-year guidance when reporting second-quarter results at the end of July Miguel Patricio, chief executive officer, said he expects 2021 results to be ahead of the company’s strategic plan. “You have heard me say frequently that we were cautiously optimistic about the path forward, but our momentum has been building, causing us to turn . . .
Company expects net sales growth to continue after positive third-quarter results.

Kraft CEO is out

Stories –