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Kraft Heinz lowers sales outlook for the year, weighed down by consumer uncertainty and tariffs

The company is looking at shifting suppliers and, over the longer term, reformulating products. Kraft Heinz also said it built up some inventory earlier this year to help cushion the impact from tariffs.

FILE – Containers of Heinz ketchup on the shelf of a market, in Barre, Vt., March 2, 2011. (AP Photo/Toby Talbot, File)
FILE – Containers of Heinz ketchup on the shelf of a market, in Barre, Vt., March 2, 2011. (AP Photo/Toby Talbot, File)
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Kraft Heinz acknowledged that it’s in a tough spot.

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