Tag Archives: PepsiCo Inc

Kraft Heinz sales dip with some Americans swapping out brand name favorites

PITTSBURGH (AP) — Sales slipped during the fourth quarter for Kraft Heinz as some customers, pinched by a bout of inflation, traded down to cheaper brands or did not buy as much. A number of food makers, citing inflation, have raised product prices and that has helped preserve profits. But that can come at a cost to sales as some …

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