Kraft Heinz Co. reported lower revenue that beat expectations in the latest quarter, as it raised prices for its products amid inflationary pressures.
The maker of food products such as Heinz Tomato Ketchup and Kraft Mac and Cheese on Wednesday said net sales slipped to $6.71 billion from $6.94 billion in the year-earlier quarter, but came in ahead of analysts’ expectations of $6.6 billion.
