Kraft Heinz shares fall 4% on plummeting sales
Kraft Heinz shares fell 4% on Wednesday after the company revealed its sales dropped in the most recent quarter as stiff prices crushed demand for its supermarket staples. The packaged food giant – which owns Kraft Mac & Cheese, Heinz Tomato Ketchup, Kool Aid and Jell-O – said third-quarter net sales dropped 2.8% to $6.38 … Read more