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Kraft Heinz shares are trading lower despite reporting better-than-expected Q2 financial results and narrowing its FY26 adjusted EPS guidance with its midpoint in line with estimates. Adjusted operating income was down over 18% year-over-year due to factors including increased advertising expenses, unfavorable volume/mix, and inflationary pressures across manufacturing and logistics.
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- benzinga
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- Aug 5, 2026, 5:37 PM
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- Aug 5, 2026, 5:37 PM
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- Captured once, then retained as an archive reference
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