Kraft’s Earnings Beats Estimates as Budget Cuts Fuel Profit

Updated on
  • Food giant also boosts its quarterly dividend 4.3% to 60 cents
  • Company tightening belt under guidance of thrifty 3G Capital

Kraft Heinz Co., formed by a merger of two U.S. food giants last year, posted second-quarter earnings that topped estimates after budget cuts helped bolster margins.

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