Kraft Heinz’s Nightmare Is Far From Over

(CNN) — Kraft Heinz is a company in crisis.
It spent the first half of 2019 embroiled in an accounting scandal. Its CEO resigned. And its sales are in a massive slump as people search for healthier, less-processed foods.
The company finally reported its heavily delayed results for the first half of the year Thursday. The numbers did little to calm investors’ nerves.
Kraft Heinz said sales in the first half of 2019 fell nearly 5% from a year ago and profit was down more than half. Alt