Kraft heinz says there are too many unknowns to confidently see upside beyond q2

Kraft heinz ceo says turnaround is on track - conf call.kraft heinz ceo says next several months will be critical in understanding path forward and the pace of turnaround in the near term - conf call.kraft heinz ceo says covid-19 crisis is accelerating supply chain efforts - conf call.kraft heinz ceo says expect food service sales to decline between 30% and 70% in each geographic zone - conf call.kraft heinz ceo says does not believe q2 consumption patterns will be reliable indicator of new normal; likely to get clarity in h2 of year.kraft heinz ceo says plans to step up investments in brands - conf call.kraft heinz exec cautions against expecting similar growth in second half of year - conf call.kraft heinz cfo expects q2 food service sales to decline 30% to 50% - conf call.kraft heinz cfo says ebitda margin should begin to return to prior year levels in q2 as pricing and supply chain performance improved - conf call.kraft heinz cfo sees significant decline in q2 food service sales - conf call.kraft heinz ceo says moved investor day to september - conf call.kraft heinz exec sees h2 ebitda held back by issues including incentive compensation and currency translation - conf call.kraft heinz sees mccafÉ exit, incentive compensation and currency translation represent a nearly 700 basis point headwind to h2 results- conf call.kraft heinz exec says there are too many unknowns to confidently see upside beyond q2 - conf call.
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