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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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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.

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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.

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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.

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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.

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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.

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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.

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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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HEINZ is celebrating Halloween with the launch of HEINZ Tomato Blood Ketchup, a new condiment available at grocery stores nationwide. Alongside this, HEINZ is opening its first-ever Halloween Store in Los Angeles on Oct. 21, featuring interactive costume-making experiences. Additionally, a HEINZ Tomato Blood Costume Kit will be available for purchase, priced at $19.99. Fans can engage with the brand on social media using #HeinzHalloween, enhancing their Halloween experience with this playful offering.

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The Kraft Heinz Company (Nasdaq: KHC) will announce its third quarter 2021 financial results on Wednesday, Oct. 27, 2021, before the market opens. A press release and supplemental materials, including a pre-recorded management discussion, will be available on their investor relations website. Following the release, Kraft Heinz management will host a live Q&A session with analysts at 9:00 a.m. Eastern Daylight Time. Access earnings and the Q&A replay at ir.kraftheinzcompany.com.

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La Moutarde Vin, a limited-edition white wine infused with Grey Poupon mustard seeds, has been launched, celebrating the white wine used in the brand’s Dijon recipe. This 2020 Viognier features bright citrus and floral notes, ideal for enhancing lunch experiences. Priced at $30, it includes an 8oz jar of Grey Poupon Dijon Mustard. The initiative aims to revive leisurely lunches as a response to fast-paced meal trends.

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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 $31.14 as of November 15, 2024.

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

The market cap of The Kraft Heinz Company (KHC) is approximately 36.9B.

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

36.93B
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
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