Shares of Kraft Heinz Co. KHC surged 1.8% in premarket trading Wednesday, after the food and beverage company, with brands including Oscar Meyer, Kool-Aid and Velveeta, reported fourth-quarter results that topped expectations but provided a downbeat full-year outlook. The company swung to net income of $890 million, or 72 cents a share, in the fourth quarter, from a net loss of $257 million, or 21 cents a share, in the year-ago period.
8% in premarket trading Wednesday, after the food and beverage company, with brands including Oscar Meyer, Kool-Aid and Velveeta, reported fourth-quarter results that topped expectations but provided a downbeat full-year outlook. The company swung to net income of $890 million, or 72 cents a share, in the fourth quarter, from a net loss of $257 million, or 21 cents a share, in the year-ago period.
Yup, but we are in the disinflation stage now 🤪
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
LNG shipping company CoolCo registers direct stock listing for NYSE debut on March 15Cool Company Ltd. on Tuesday registered securities with U.S. regulators to become a publicly-traded LNG shipping company on the New York Stock Exchange under...
Leer más »