The Planters and cheese deals marked a significant reworking of Kraft Heinz’s business in North America, with the company seeking to reduce its presence in lower-margin, more commoditised areas.
Kraft Heinz shares have underperformed the broader market over the past few years Warren Buffett is the company's largest shareholder and has been a shareholder since the 2015 merger of Kraft and ...
Shares of Kraft Heinz (NASDAQ:KHC) have proved a disappointing investment of late. Over the past three years, the stock has delivered a total return of roughly 8.3%. Comparably, the S&P 500 has ...
Stifel downgraded The J.M. Smucker Company (NYSE:SJM) and The Kraft Heinz Company (NASDAQ:KHC) to Hold from Buy with the two food giants expected to face headwinds from input cost inflation ...
Kraft Heinz (NASDAQ:KHC) listed equity options saw a "suspiciously" large amount of call buying earlier this morning, a Bernstein analyst highlighted in a note on Monday. Roughly 100K options ...
The Kraft Heinz Co. late Thursday announced that it has filled its global general counsel opening by hiring away the legal chief of another major manufacturer, Sealed Air Corp. Angel Shelton ...
The divestment of the popular hot-dog brand, which the sources said could fetch nearly $3 billion, would come as Kraft Heinz looks to reshuffle its portfolio to focus on more healthy food products ...
Kraft Heinz's third-quarter release showed that the company's net sales fell by nearly 3% on a year-over-year basis to $6.38 billion. That compared unfavorably to the average analyst estimate ...
NEW YORK (Reuters) - Brazilian meatpacker JBS and Mexico's Sigma Alimentos are among those competing to acquire Oscar Mayer, the hot dogs and cold cuts business of packaged food giant Kraft Heinz ...
Kraft Heinz Q3 adjusted EPS was 75 cents, beating estimates, while revenues fell 2.8% to $6.383 billion, missing expectations. Kraft Heinz anticipates an elongated recovery in U.S. retail.
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) announced today that Debby Soo, CEO of OpenTable, Inc., has been appointed to ...
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) today reported financial results for the third quarter of 2024. “In the ...