Kraft Heinz battles headwinds to save its dividend

MarketScreener · Kevin Smith ·

Twelfth consecutive quarter of organic decline for the US sauces and cheese giant.

Twelfth consecutive quarter of organic decline for the US sauces and cheese giant.

Kraft Heinz's situation is critical in North America, where sales are still down 2.4% over the first nine months of the year.

Its domestic market accounts for nearly three-quarters of consolidated revenue. Controlled erosion in Europe and double-digit growth in emerging markets, which account for 15% and 10% of revenue, respectively, therefore fail to save the overall picture.

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