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Businesses and consumers grapple with the impact of Trump's tariffs, from Swiss exports facing steep costs to chipmakers bracing for uncertainty, as rising prices start to squeeze households.

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HomeFinancial Markets

Berkshire takes $3.8 billion Kraft Heinz writedown, operating profit falls

Investing.comSaturday, August 2, 2025 at 2:35:32 PM
NegativeFinancial Marketscorporate earnings
Berkshire takes $3.8 billion Kraft Heinz writedown, operating profit falls
Warren Buffett's Berkshire Hathaway reported a $3.8 billion writedown on its investment in Kraft Heinz, as the food giant continues to struggle with weak sales and high costs. The writedown dragged down Berkshire's overall operating profit, which fell 3% compared to last year. While Berkshire's other businesses performed well, the Kraft Heinz hit highlights ongoing challenges in the packaged food industry.
Editor’s Note: This isn't just about one bad quarter—it reflects bigger problems in the food industry. Consumers are shifting away from processed brands like Kraft Heinz, and even a powerhouse like Berkshire Hathaway isn't immune. Investors are watching closely to see if this is a temporary slump or a sign of deeper trouble for legacy food companies.
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