Kraft Heinz reported its first-quarter earnings for 2024, meeting analysts' adjusted earnings per share (EPS) expectations at $0.69, but slightly missing revenue forecasts with $6.41 billion against an expected $6.43 billion. The company has reaffirmed its full-year outlook despite the revenue shortfall and declared a quarterly dividend. The miss in sales estimates was attributed to consumer resistance to higher prices on products such as branded lunch combos and meat cold cuts. Following the announcement, Kraft Heinz's stock experienced a 4.1% drop in pre-market trading.