You are here

Kraft Heinz faces pressure to do a deal as sales stagnate

Friday, May 5, 2017 - 05:50

New York

KRAFT Heinz Co, rebuffed in its bid to buy Unilever earlier this year, is struggling to reignite sales in the absence of a deal.

First-quarter revenue dropped to US$6.36 billion, the food giant said on Wednesday. That missed the US$6.46 billion average of analysts'

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom