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KHC Falls 12% in 3 Months: Can Strategic Efforts Reverse the Decline?
KHCKraft Heinz(KHC) ZACKS·2024-12-23 21:50

The Kraft Heinz Company's (KHC) shares have lost 12.1% over the past three months, underperforming the industry’s decline of 10.2%. In addition, it has lagged the Zacks Consumer Staples sector, which fell 7.8%, and the S&P 500, which posted 3.9% growth during the same period. Ongoing challenges in the consumer environment, coupled with persistent inflation concerns, have negatively impacted consumer sentiment and hurt Kraft Heinz’s performance.Despite these setbacks, the company is attempting to navigate th ...