Kraft Foods (KRFT) falls 1.1% premarket after its Q4 report looks troubling at first glance due...

|About: The Kraft Heinz Company (KHC)|By:, SA News Editor

Kraft Foods (KRFT) falls 1.1% premarket after its Q4 report looks troubling at first glance due to a double-digit fall in revenue. An extra week in last year's Q4 contributed 4.2 percentage points to the drop, while other factors for the revenue skid include product pruning and a reduction in trade inventories.