Investing.com -- Kraft Heinz edged slightly lower in premarket trading Wednesday even as the packaged foods giant beat second-quarter expectations and raised its full-year outlook. Organic net sales fell 1.3% overall, with declines of 2.7% in North America and 0.7% in international developed markets, partly offset by 8.5% growth in emerging markets. The progress we are seeing gives us the confidence to raise our Organic Net Sales outlook for the year." The company narrowed its organic net sales outlook to a decline of 0.5% to 2.0%, an improvement from its previous forecast of a 3.5% to 1.5% decline. Related articlesKraft Heinz raises annual outlook as Q2 results top forecastsCiti pushes back Fed rate cuts to May after blowout January jobs reportAs Claude disrupts stock market, Anthropic researcher warns 'world is in peril'