How to Play Kraft Heinz Stock After a 19% Decline in 3 Months?
Kraft Heinz(KHC) ZACKS·2025-01-15 21:41
The Kraft Heinz Company (KHC) is facing significant challenges, with its shares plunging 19.5% over the past three months. This decline is steeper than the 13.8% fall of the industry and the 11% decrease of the broader Consumer Staples sector. In addition, Kraft Heinz has underperformed the S&P 500, which saw a modest increase of 0.7% during the same period.Several factors are contributing to these struggles, including ongoing challenges in the consumer environment and cost woes. These elements have dampene ...