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3 years ago

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Kraft Heinz pricing moves to rely on retail relationships

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Kraft Heinz pricing moves to rely on retail relationships

PITTSBURGH — Net income jumped 49% for Kraft Heinz Co. in the first quarter ended March 27, but the company over the rest of the fiscal year expects to deal with rising input costs, which could lead Kraft Heinz to increase the price of its products. Retail relationships strengthened during COVID-19 last year could prove valuable in any pricing actions. Kraft Heinz posted net income of $563 million, or 46¢ per share on the common stock, in the quarter, which was up from $378 million, or | .

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Kraft Heinz pricing moves to rely on retail relationships

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Kraft Heinz pricing moves to rely on retail relationships

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