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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.
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.
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.
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.
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.
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.
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.
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.
The Kraft Heinz Company (Nasdaq: KHC) has launched a new brand in Canada called Pure J.L. KRAFT, introducing twelve new shelf-stable dressings and marinades free from artificial preservatives, flavours, and colours. This is Kraft Heinz's first significant innovation in Canada's salad dressing market in over five years. The line includes six entirely new flavours: Pomegranate Zaatar, Honey & Shallots, Miso Lime Ginger, Moroccan Lemon, Orange Turmeric Poppyseed, and Black Garlic & Cracked Pepper. This launch is part of Kraft Heinz's strategy to expand its Canadian portfolio and reflects the company's commitment to insight-driven innovation, particularly within its Taste Elevation platform, which makes up 41% of its global portfolio.
Capri Sun has introduced its first innovation in nearly a decade with the launch of a new 96-oz Multi-Serve bottle of its classic Fruit Punch flavor. This new format, equivalent to 32 pouches, is now available at leading club retailers like BJ's, Sam's Club, and select Costco locations. The release responds to fan demand, with 76% of suggestions between 2020 and 2023 requesting a larger product size. The launch aims to expand Capri Sun's presence in the $38 billion Ready to Drink category, providing greater value for families and groups shopping in bulk. Senior Brand Manager Jordan Mann emphasizes that this new product allows fans to relive their childhood memories while catering to their current needs.
Bagel Bites, the beloved oven-baked snack, makes a triumphant return to Canadian grocery shelves after fans expressed disappointment following its 2021 exit. The snack offers three iconic flavors and convenient preparation options, aiming to recapture its nostalgic appeal and bring back lost shoppers. With a focus on flavor, convenience, and a new packaging design, Bagel Bites is set to reignite its position as a household snack favorite in Canada.
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