Kraft Heinz today reported a more than 4 percent decline in second-quarter sales for both Kraft and Heinz, which combined in July, becoming the world’s fifth-largest food and beverage company.

Revenue for Kraft, the maker of macaroni and cheese, fell by 4.9 percent to $4.52 billion. Meanwhile, revenue for ketchup maker Heinz fell by 4.1 percent to $2.62 billion.

“The company is focused on the difficult and challenging process of integrating our two businesses,” Kraft Heinz CEO Bernardo Hees said in a statement.

The company affirmed its commitment to cut costs by $1.5 billion by the end of 2017, adding that it “does not expect to issue or update earnings guidance going forward.”

Kraft’s profit grew by 14 percent in the quarter ended June 27 to $551 million, or 92 cents per share

H.J. Heinz reported a loss for the quarter ended June 28 of $164 million, or 91 cents per share after preferred dividends, compared with a profit of $127 million, or a loss of 14 cents per share after preferred dividends, a year earlier.

Shares of Kraft Heinz fell by more than 2 percent to about $77 per share in after-hours trading.