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The Kraft Heinz Company - KHC STOCK NEWS

Welcome to our dedicated page for The Kraft Heinz Company news (Ticker: KHC), a resource for investors and traders seeking the latest updates and insights on The Kraft Heinz Company stock.

The Kraft Heinz Company (NASDAQ: KHC) stands as the third-largest food and beverage company in North America and ranks fifth globally. Formed through the merger of Kraft Foods and Heinz in July 2015, the company boasts a rich portfolio of iconic brands including Kraft, Heinz, ABC, Capri Sun, Classico, Jell-O, Kool-Aid, Lunchables, Maxwell House, Ore-Ida, Oscar Mayer, Philadelphia, Planters, Plasmon, Quero, Weight Watchers Smart Ones, and Velveeta. These brands ensure high-quality, great-tasting, and nutritious food options for various eating occasions, whether at home, in restaurants, or on the go.

The Kraft Heinz Company is committed to sustainability, focusing on the health of people, the planet, and the company itself. With a distribution network that spans Europe and emerging markets, its products are available in over 190 countries and territories, contributing to 20%-25% of its consolidated sales. Retail remains a major revenue driver, accounting for approximately 85% of total sales, while the foodservice sector continues to grow.

Recent achievements highlight the company's dedication to innovation and sustainability. They have launched initiatives to reduce waste, optimize resource use, and develop healthier product options. Their robust financial condition and strategic partnerships further strengthen their market position, making them a globally trusted producer of delicious foods.

For the latest updates and more detailed information, visit www.kraftheinzcompany.com.

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Maxwell House, a popular coffee brand, is introducing its first innovation in nearly a decade: new Iced Latte with Foam. This unique cold-stirred foam technology allows consumers to make a café-style iced latte at home or on the go. The product is available in three flavors and can be purchased online or in grocery stores nationwide for $6.99, which includes six 1 oz. sachets.
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Philadelphia, the cream cheese brand, is launching its first-ever nationwide rollout of a plant-based spread offering. The spread comes in three flavors: Original, Strawberry, and Chive and Onion. Philadelphia aims to fill the gap in the market by delivering on taste, texture, and ingredients that plant-based cream cheese lovers are craving. The brand has already seen success in a regional test market, with repeat purchases almost doubling compared to the category average. The nationwide launch follows the brand's goal of bringing plant-based offerings to the masses.
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Spritz Society Pickle by Claussen®: A unique collaboration between Claussen® and Spritz Society has resulted in the launch of the first-ever pickle flavored sparkling wine cocktail. The limited edition beverage features real white wine and all-natural fruit flavors, with 6% ABV, 120 calories, and only 5g of sugar per 8.4 oz. can. Available exclusively online starting July 18 at 12:00 pm ET, the product is expected to be a hit at summer BBQs and pool parties.
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HEINZ Announces $1 Million in Black Kitchen Initiative Grants to Support Black-Owned Food Businesses Nationwide
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DELIMEX® introduces the limited-edition Taquito-rita in partnership with JAJA™ Tequila to celebrate National Tequila Day. The savory cocktail is available at Refinery Rooftop in NYC and on GoPuff for nationwide delivery. The cocktail is made with JAJA Tequila Blanco, muddled jalapeño peppers, agave syrup, and lime juice, garnished with crispy taquitos and a chile-lime seasoning. The cocktail is priced at $20 and is part of the trend of cocktails inspired by foods.
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Kraft Singles partners with Little Pie Company to create the Kraft Singles Apple Pie, combining the iconic American foods of cheese and apple pie. The pie features hand-cut golden delicious apples mixed with cinnamon, nutmeg, and light brown sugar, with a Kraft Single baked inside. It will be available in-store at Little Pie Company in NYC and for nationwide delivery via Goldbelly. The pie will be sold for $10.95 in-store and $44.95 on Goldbelly.
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KRAFT Real Mayo announces the launch of new Buffalo Style Dressing, a tangy and creamy offering in the spicy category. To celebrate, the brand introduces Buffalo Balm, an on-the-go balm tube filled with the dressing. Buffalo Balm is available exclusively on Amazon for $14.99. KRAFT Mayo Buffalo Style Dressing is made with cayenne pepper puree, butter, vinegar, and KRAFT Real Mayo.
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FAQ

What is the current stock price of The Kraft Heinz Company (KHC)?

The current stock price of The Kraft Heinz Company (KHC) is $31.07 as of November 18, 2024.

What is the market cap of The Kraft Heinz Company (KHC)?

The market cap of The Kraft Heinz Company (KHC) is approximately 38.0B.

What is The Kraft Heinz Company?

The Kraft Heinz Company is the third-largest food and beverage company in North America and the fifth-largest in the world, known for its iconic brands like Kraft, Heinz, and Oscar Mayer.

When was The Kraft Heinz Company formed?

The company was formed in July 2015 through the merger of Kraft Foods and Heinz.

What are some of The Kraft Heinz Company's well-known brands?

Some well-known brands include Kraft, Heinz, Capri Sun, Jell-O, Kool-Aid, Lunchables, Maxwell House, Ore-Ida, Oscar Mayer, Philadelphia, Planters, Velveeta, and Weight Watchers Smart Ones.

What markets does The Kraft Heinz Company operate in?

The company operates in North America, Europe, and emerging markets, with products sold in over 190 countries and territories.

How much of the company’s sales come from the retail channel?

Approximately 85% of The Kraft Heinz Company's total sales come from the retail channel.

What recent initiatives has The Kraft Heinz Company launched?

Recent initiatives focus on reducing waste, optimizing resource use, and developing healthier product options as part of their sustainability efforts.

What is the company’s stance on sustainability?

The Kraft Heinz Company is dedicated to the sustainable health of people, the planet, and the company, with focused efforts towards innovation and responsible practices.

Does The Kraft Heinz Company operate in the foodservice sector?

Yes, The Kraft Heinz Company has a growing presence in the foodservice sector, contributing to its overall sales.

Where can I find more information about The Kraft Heinz Company?

For more information, visit their official website at www.kraftheinzcompany.com.

What percentage of consolidated sales does the international market contribute?

The international market contributes 20%-25% of The Kraft Heinz Company's consolidated sales.

The Kraft Heinz Company

Nasdaq:KHC

KHC Rankings

KHC Stock Data

38.04B
1.21B
27.19%
56.71%
2.79%
Packaged Foods
Canned, Frozen & Preservd Fruit, Veg & Food Specialties
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United States of America
PITTSBURGH