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Kraft Heinz sees sales dip as consumers avoid processed food

Kraft Heinz is still struggling to adapt to consumers' changing tastes and their aversion to processed food.
 
The ketchup and macaroni company reported fourth quarter sales Thursday that fell five per cent and missed Wall Street's forecasts.
 
Although earnings beat analysts' estimates, shares of Kraft Heinz fell eight per cent. 
 
The stock is now down almost 40 per cent in the last year, and has plunged almost 70 per cent in the last three years.


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