(Reuters) - Kraft Heinz Co (O:KHC), the maker of Velveeta cheese, Heinz ketchup and Oscar Mayer meats, reported a 3.8 percent fall in quarterly sales, hit by a stronger dollar and lower demand in the United States.
Net income attributable to shareholders was $944 million, or 77 cents per share, in the fourth quarter ended Dec. 31, compared with $285 million, or 23 cents per share, a year earlier.
Adjusted net sales fell to $6.86 billion from $7.12 billion.
Kraft Foods Group Inc and H.J. Heinz Co merged in July 2015 to create Kraft Heinz, North America's third-largest food and beverage company.