What's Going On With Kraft Heinz Stock Wednesday?

Kraft Heinz Company (NASDAQ:KHC) shares were trading relatively flat on Wednesday after reporting second-quarter adjusted earnings per share of 69 cents, which beat analyst consensus estimate of 64 cents.

Quarterly sales of $6.352 billion outpaced the Street view of $6.261 billion. Quarterly net sales decreased 1.9% in the quarter under review, while organic net sales decreased 2%

Also Read: Kraft Heinz Sells Italian Infant Food Business

Volume/mix declined 2.7 percentage points versus the prior ...