UPDATE 4-Kraft Heinz beats profit estimates, plans to boost marketing; shares surge
Kraft Heinz Co will spend more on
marketing for key brands widely thought to have been neglected
after reporting on Thursday that lower costs helped it beat
third-quarter profit expectations, sending shares up 13% in
midday trading.
marketing for key brands widely thought to have been neglected
after reporting on Thursday that lower costs helped it beat
third-quarter profit expectations, sending shares up 13% in
midday trading.
Posted by Reuters
