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Investing.com - Stifel has reiterated its Hold rating and $30.00 price target on Kraft Heinz Company (NASDAQ:KHC) following the food giant’s second-quarter earnings report. According to InvestingPro analysis, the stock appears undervalued at current levels, with analyst targets ranging from $27 to $51.
Kraft Heinz reported better-than-expected second-quarter results with stronger organic sales and profit than anticipated. The company posted organic sales down 2% with volume declining over 2.5%, which included an approximate 100 basis point tailwind from the Easter timing shift.
Earnings per share came in at $0.69, representing an 11% decline but exceeding Stifel’s estimate by $0.05. North America volume/mix improved sequentially to a 3.4% decline, which included a 120 basis point benefit from the Easter timing shift.
The company’s Accelerate categories declined 2.2% in the quarter, supporting most of the overall sequential improvement as they benefited from investments in innovation, renovation, marketing, and value offerings.
Kraft Heinz reiterated its full-year 2025 outlook, with Stifel maintaining its fiscal year 2025 EPS estimate of $2.59, noting that increased marketing investments in the third quarter of 2025 will offset the second quarter’s outperformance.
In other recent news, Kraft Heinz Co. reported its second-quarter 2025 earnings, surpassing Wall Street expectations. The company achieved an earnings per share of $0.69, exceeding the forecasted $0.64, marking a 7.81% surprise. Additionally, Kraft Heinz’s revenue reached $6.35 billion, which was higher than the anticipated $6.25 billion. These results indicate strong performance and were well-received by investors. There were no recent mergers or acquisitions reported for Kraft Heinz. Analyst firms have not issued any recent upgrades or downgrades for Kraft Heinz. These developments reflect the latest updates on the company’s financial performance.
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