** Shares of Jell-O maker Kraft Heinz KHC.O up 3% at $23.25 premarket

** Co beats Q1 sales estimates, helped by improving demand in its U.S. business under new CEO Steve Cahillane's strategy

** Reports quarterly sales of $6.05 billion vs analysts' estimate of $5.89 billion- LSEG data

** Logs Q1 adjusted EPS of 58 cents vs expectations of 50 cents

** Expects annual adjusted EPS in the range of $1.98 to $2.10 vs estimates of $2.04

** As of last close, KHC was down 7% YTD