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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.
Kraft Heinz has initiated a Tender Offer to purchase up to $2 billion of its Senior Notes, including various series due from 2022 to 2050. The offer, made through its subsidiary, is subject to conditions, including the completion of a transaction involving the sale of assets in its global cheese business. The Tender Offer will expire on December 16, 2021, with early tender incentives set until December 2, 2021. Holders are advised to review the Offer to Purchase for further details.
The Kraft Heinz Company (Nasdaq: KHC) has announced a secondary offering of 30,596,465 shares of common stock by affiliates of 3G Global Food Holdings LP. The Offering is subject to market conditions, and the Company will not receive any proceeds. BofA Securities acts as the sole underwriter, with sales executed on the Nasdaq Global Select Market or through other methods at prevailing market prices. The Offering follows an automatic shelf registration statement filed with the SEC on November 13, 2020. This announcement does not constitute an offer to sell or buy these securities.
Kraft Heinz enhances Thanksgiving celebrations with its first children's book, Grace and the Gravy Pirates, aimed at making the holiday more enjoyable for kids. The whimsical story features a young girl and her pirate friends on a mission to combat the 'dryness' often associated with Thanksgiving dinners.
This initiative reflects Kraft Heinz's commitment to creativity and family engagement. The book is available as a free eBook and will be showcased during the 95th Macy’s Thanksgiving Day Parade.
Kraft Heinz Company (NASDAQ: KHC) partners with Saviynt to enhance its identity and access governance. This collaboration aims to strengthen Kraft Heinz's IT infrastructure through Saviynt’s Enterprise Identity Cloud, which will help mitigate identity risks associated with cloud and on-premise applications. The initiative, led by CISO Ricardo Lafosse, focuses on providing over 70,000 identities with a seamless onboarding experience while maintaining compliance across a hybrid environment. Saviynt’s solutions will also aid in continuous compliance and granular risk analysis.
HEINZ, known for over 150 years of ketchup expertise, has launched the HEINZ Tomato Ketchup Marz Edition, made from tomatoes grown under Mars-simulated conditions. This groundbreaking project involved a nine-month collaboration with astrobiologists from the Aldrin Space Institute, successfully yielding high-quality tomatoes using proprietary seeds. Although the Marz Edition is not available for purchase yet, it marks a significant advancement in long-term food production for harsh environments. HEINZ aims for 100% sustainably sourced tomatoes by 2025, continuing its commitment to both innovation and environmental goals.
JET-PUFFED has collaborated with NYC’s Alidoro to create the limited-edition JET-PUFFED S’moagie, a s'mores sandwich, launching on November 3 at select locations and via Goldbelly. The S’moagie features a graham cracker-infused hoagie roll with toasted marshmallows, dark chocolate, prosciutto, and a brown sugar glaze, priced at $10. A recent Twitter poll shows that 61% of respondents consider a s’more a sandwich. This innovative offering aims to celebrate National Sandwich Day and reinforce the brand's stance on s'mores.
The Kraft Heinz Company (Nasdaq: KHC) has declared a regular quarterly dividend of $0.40 per share, payable on December 17, 2021. This dividend is for stockholders of record as of November 26, 2021. The company reported approximately $26 billion in net sales for 2020, focusing on transforming its operations and sustaining its global food and beverage brands.
The Kraft Heinz Company (Nasdaq: KHC) reported Q3 2021 results, showcasing better-than-expected performance amid inflation challenges. Net Sales for the quarter reached $6.3 billion, a slight decline of 1.8% year-over-year, but Organic Net Sales grew 1.3%. Net income increased 23.2% to $736 million, with a diluted EPS of $0.59, up 20.4%. The company raised its full-year Adjusted EBITDA guidance from at least $6.1 billion to over $6.2 billion, reflecting successful navigation of market conditions.
The Kraft Heinz Company (KHC) has partnered with Firework to launch a unique shoppable livestream event for its Halloween Store in Santa Monica, California. This event introduces HEINZ Tomato Blood Ketchup and interactive costume kits, aiming to engage consumers nationwide through live streaming on various platforms. The initiative highlights HEINZ's strategy to innovate in direct consumer engagement, particularly targeting modern families. With livestream shopping gaining traction in the U.S., this collaboration demonstrates Kraft Heinz's commitment to enhancing ecommerce experiences.
Kraft Macaroni & Cheese Dinner unveils the FLVRS CLUB, allowing fans to be the first to experience new limited-edition seasoning mixes: pizza, buffalo, and ranch. This initiative, aimed at super fans, includes exclusive merchandise and early access to product drops before their retail launch in early 2022. Kraft's innovative Flavor Boosts combine these popular flavors with their classic mac & cheese, appealing to both traditionalists and adventurous eaters. The club enhances consumer engagement and aims to drive brand loyalty.
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