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1 year ago

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Kraft Heinz profit margins squeezed by surging costs

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Kraft Heinz profit margins squeezed by surging costs

Kraft Heinz Co on Wednesday reported a bigger-than-expected fall in quarterly gross profit margins, pressured by surging transportation and raw material costs despite multiple price hikes.

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Kraft Heinz profit margins squeezed by surging costs

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Kraft Heinz profit margins squeezed by surging costs

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