Kraft Heinz Raises Long-Term Financial Targets
2022年2月23日 - 12:05AM
Dow Jones News
By Kimberly Chin
Kraft Heinz Co. said it will raise its long-term financial
growth targets, as it seeks to develop and expand its in-house
digital capabilities.
The maker of food products such as Heinz Tomato Ketchup and
Kraft Mac and Cheese said it plans to engage in partnerships with
technology companies and cutting-edge innovators, and acquire
capabilities that can help it scale its portfolio. The company
plans to discuss more details of its plans in a presentation at the
Consumer Analyst Group of New York conference on Tuesday
morning.
The company expects organic net sales to rise by 2% to 3%,
compared with its prior projection of 1% to 2% growth.
Kraft expects adjusted per-share earnings to increase by 6% to
8%, up from its prior forecast of 4% to 6% growth. Adjusted
earnings before interest, taxes, depreciation and amortization is
projected to rise by 4% to 6%, compared with its prior guidance of
2% to 3%.
The company reiterated its adjusted Ebitda outlook between $5.8
billion and $6 billion for 2022.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
February 22, 2022 09:50 ET (14:50 GMT)
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Kraft Heinz (NASDAQ:KHC)
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