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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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HEINZ is releasing -edition collectibles inspired by Marvel Studios' "Deadpool & Wolverine", allowing fans to accessorize their ketchup and mustard bottles to resemble the superheroes. This collaboration stems from social media observations highlighting similarities between the iconic duos. The collectibles include Deadpool's mask, suit, and katanas for ketchup bottles, and Wolverine's claws, suit, and mask for mustard bottles.

The campaign features a short film with a voiceover by Ryan Reynolds as Deadpool, humorously acknowledging the resemblance between the characters and condiments. HEINZ will release a select number of these collectibles in the U.S. via social media in the upcoming weeks, with further details to be announced soon on the HEINZ Instagram.

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The Kraft Heinz Company (Nasdaq: KHC) will announce its second quarter 2024 financial results on July 31, 2024. A press release and supplementary materials, including a pre-recorded management discussion, will be available before the market opens. Following this, Kraft Heinz management will hold a live Q&A session with analysts at 9:00 a.m. EDT. The earnings release, supplement materials, and audio from the Q&A session will be accessible on the company's investor relations website. A replay will also be available after the event.

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Claussen® Pickles, a 150-year-old brand known for its refrigerated pickles, has partnered with New York-based Baked by Melissa to celebrate National Pickle Month with an exclusive pickle cupcake. Available starting July 8th, the pickle-infused cupcakes combine Claussen's tangy flavor with Baked by Melissa's bite-sized vanilla cakes and pickle buttercream icing. These cupcakes offer a sweet-salty-sour twist, available in packs of 6 for $10.25 at Baked by Melissa stores and packs of 25 for $37.00 online. This collaboration was inspired by the growing popularity of pickle flavors, with 73% of Americans enjoying pickles. For more details, visit @claussenpicklesofficial on Instagram or BakedbyMelissa.com.

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HEINZ and kate spade new york have launched a -edition capsule collection, combining HEINZ's iconic ketchup red with kate spade's playful style. This collaboration includes totes, pouches, tees, footwear, and more, available in select stores and online globally. The collection, priced between $45 and $398, aims to celebrate the spirit of both brands and provide fans with stylish, unique accessories for the summer.

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Kraft Heinz Canada has launched the KRAFT Dinnerware collection, a new line of kitchenware pre-tinted with the iconic cheesy golden hue of KD Mac 'N Cheese. This collection includes a dinner bowl, snack bowl, and serving spoon, all featuring a golden ombre tint. The collection is created in partnership with luxury home décor brands Ann Sandra and Les Ottomans.

The -edition collection celebrates the comforting ritual of KD Mac 'N Cheese, which has been a staple in Canadian households for over 85 years. Fans can now order the KRAFT Dinnerware collection for $30 from annsandra.com while supplies last. The KRAFT Dinnerware collection emphasizes KD's commitment to quality, with the original blue box being free from artificial flavours, colours, or preservatives.

For more information, follow KD Canada's Instagram page @KraftDinnerca.

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Ore-Ida, the inventor of Tater Tots, has launched a unique product to commemorate the 20th anniversary of the film 'Napoleon Dynamite.' The 'Ore-Ida Tot-Protecting Pants' are designed to prevent Tater Tots from being crushed, inspired by an iconic scene from the movie. The pants feature a durable, food-safe pocket and a stylish crocodile-print pattern. Jon Heder, who played Napoleon, stars in a short film to promote the product. The -edition pants are available nationwide for a short time. More details can be found on Ore-Ida's Instagram and their website.

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HEINZ launches two -edition sauces, Black Garlic Ranch and Harissa Aioli, in Walmart and Target stores nationwide. These sauces, tested in select restaurants last year, are the first HEINZ products to transition from restaurant to retail. Catering to the growing demand for globally inspired flavors, particularly among Gen Z, these sauces aim to enhance everyday eating experiences. Black Garlic Ranch, exclusive to Walmart, combines black garlic's deep flavor with ranch's creaminess. Harissa Aioli, exclusive to Target, offers a smoky, roasted red pepper taste with heat. This initiative highlights HEINZ's consumer-first innovation strategy.

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Kraft Heinz (Nasdaq: KHC) announced that CEO Carlos Abrams-Rivera and CFO Andre Maciel will join Deutsche Bank’s 21st Annual dbAccess Global Consumer Conference in Paris on June 4, 2024.

Their participation includes a fireside chat at 3:45 p.m. Central European Time (9:45 a.m. Eastern Daylight Time). A live webcast and a replay of the event will be available on the company's investor relations website.

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Kraft Heinz Canada and Highbury Canco have extended their partnership agreement for an additional four years, ensuring continued production at the Leamington facility through 2027. This extension marks the third consecutive renewal in their longstanding collaboration. The Leamington facility, employing over 600 Canadians, will produce approximately $1 billion worth of Kraft Heinz Canada's products, such as Heinz beans, Heinz tomato juice, and Classico pasta sauce. Highbury Canco's facility also exclusively produces the tomato paste used in all Heinz Ketchup made at Kraft Heinz’s Mont Royal facility in Montreal. This agreement highlights Kraft Heinz Canada's commitment to Canadian communities and provides significant stability for Highbury Canco's workforce and operations.

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The Kraft Heinz Company (Nasdaq: KHC) announced that its CEO, Carlos Abrams-Rivera, will be participating in a fireside chat at Bernstein’s 40th Annual Strategic Decisions Conference. The event is scheduled for May 30, 2024, at 3:30 p.m. EDT. A live webcast and replay of the event will be available on Kraft Heinz's investor relations website.

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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 $30.52 as of December 20, 2024.

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

The market cap of The Kraft Heinz Company (KHC) is approximately 36.4B.

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

36.36B
879.53M
27.22%
58.25%
3.11%
Packaged Foods
Canned, Frozen & Preservd Fruit, Veg & Food Specialties
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