Kraft Heinz misses fourth-quarter sales estimates
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Feb 14 (Reuters) - Kraft Heinz missed market expectations for fourth-quarter sales on Wednesday, as higher prices weighed on demand for its soups, sauces and meat cold cuts.
The Heinz sauce maker posted net sales of $6.86 billion in the three months ended Dec. 30, compared with analysts' average estimate of $6.99 billion, according to LSEG data. (Reporting by Savyata Mishra and Anuja Bharat Mistry in Bengaluru; Editing by Shilpi Majumdar)
