Kraft Heinz reported its first-quarter 2025 earnings on Tuesday, highlighting results from its portfolio of well-known brands including Oscar Mayer, Jell-O, Heinz Ketchup, Lunchables, and Philadelphia Cream Cheese. The food giant reported a sales decline of 6.4% year-on-year to $5.99 billion, missing the analyst consensus estimate of $6.02 billion. Adjusted earnings per share of 62 cents beat the consensus estimate of 60 cents. CEO Carlos Abrams-Rivera said Kraft Heinz is monitoring macroeconomic pressures like tariffs and inflation while increasing investments to enhance product and brand value for consumers. The company lowered its fiscal 2025 adjusted earnings outlook to $2.51 to $2.67 from $2.63 to $2.74.
