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Kraft Heinz Logs a 7.4% Sales Spike in the Second Quarter


Kraft Heinz (NASDAQ: KHC) posted second-quarter results on Thursday that showed a continuing lift from consumer spending changes brought on by the pandemic.

Organic sales rose 7.4% for the period, which runs from late March through late June, thanks to higher demand for at-home meal and snacking products. That uptick represents an acceleration over the 6.2% boost the consumer-packaged foods giant announced in late April.

Image source: Getty Images.

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Source Fool.com

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