Lower costs helped boost earnings, which came in at an adjusted $0.91 per share, ahead of the $0.87 that analysts were expecting, according to the Bloomberg consensus.
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The maker of Velveeta is sinking on a drop in sales (KHC)
The maker of Velveeta, Heinz ketchup and Macaroni and Cheese reported higher-than-expected adjusted profit helped by lower costs.
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US sales fell 3.1% to $4.84 billion, accounting for more than 70 percent of total sales.
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