STOCK TITAN

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.

Rhea-AI Summary

VELVEETA, the iconic cheese brand, introduces its first-ever Queso offering in three tasty flavors, along with new Shells & Cheese varieties and a Gluten-Free option. This marks the brand's first innovation in five years, aiming to captivate a younger audience and provide convenient, flavorful, and customizable options for cheese lovers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.1%
Tags
none
-
Rhea-AI Summary
Kraft Heinz’s mio introduces TAP: First-Ever Faucet that Instantly Turns Tap Water into an Energy Drink. The TAP* faucet disrupts the energy drink industry, offering a simple solution to create a hydrating energy drink from tap water. With a focus on wellness and simplicity, mio aims to revolutionize the energy drink market with its innovative product.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.77%
Tags
none
-
Rhea-AI Summary
The Kraft Heinz Company (Nasdaq: KHC) will announce its first quarter 2024 financial results on May 1, 2024. The press release will include a pre-recorded management discussion and a live Q&A session with analysts. Investors can access the earnings release, supplemental materials, and audio on ir.kraftheinzcompany.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.03%
Tags
conferences earnings
Rhea-AI Summary
KRAFT introduces Creamy Sauces, the first innovation line under the unified KRAFT Sauces brand. The new line includes five aiolis and sauces, catering to the growing consumer interest in trying new flavors. This launch also marks a rebranding effort with a logo change, redesigned packaging, and a unified brand platform. The move aims to make home cooking more accessible and adventurous, aligning with the trend of consumers seeking new culinary experiences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.05%
Tags
none
-
Rhea-AI Summary
Lunchables makes a comeback in Canada after fifteen years, offering five delicious varieties with wholesome ingredients and no artificial flavors. The brand aims to cater to nostalgic fans and parents looking for convenient and nutritious meal options for their children.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.05%
Tags
none
-
Rhea-AI Summary
VELVEETA introduces VELVEETA Gold hair dye, a -edition semi-permanent color inspired by the iconic yellow hue of VELVEETA cheese. The launch aims to empower fans to express boldness and individuality through their hair, in collaboration with trendsetter Julia Fox.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.43%
Tags
none
Rhea-AI Summary
Kraft Heinz secures up to $170 million in federal funding from the U.S. Department of Energy for clean energy projects at 10 U.S. plants. The investment aims to reduce emissions by over 99% from 2022 levels, supporting the Company's goal of achieving net-zero carbon emissions by 2050.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
Tags
none
-
Rhea-AI Summary
The Kraft Heinz Company (KHC) ranks #26 on Fast Company's list of the World's Most Innovative Companies for 2024. Kraft Heinz is lauded for its innovative product development and use of breakthrough technologies to provide value for customers. The company's HEINZ REMIX, a customizable digital sauce dispenser, is highlighted as a top innovation. CEO Carlos Abrams-Rivera emphasizes the company's focus on driving innovation and unlocking Kraft Heinz's potential. Kraft Heinz is dedicated to creative disruption, collaboration, and digital solutions, with recent innovations including the 360CRISP platform and an AI-enabled supply chain control tower.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1%
Tags
none
-
Rhea-AI Summary
Lunchables launches Dunkables snacks, celebrating kid imagination over artificial intelligence. The brand introduces the Dunkables Head of Imagination role for kids to showcase creativity. A.I. vs. K.I. campaign highlights kids' imaginative artwork surpassing A.I. limitations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.09%
Tags
none
Rhea-AI Summary
Kraft Heinz (KHC) launches KD NotMacandCheese, the first plant-based KD offering, and KD Gluten Free to cater to the growing demand for plant-based and gluten-free options in Canada. The launch is a result of a joint venture with TheNotCompany, Inc. The products aim to provide consumers with the familiar taste of KD without compromising on flavor. KD NotMacandCheese comes in Original and White Cheddar Style, while KD Gluten-Free is available in Original flavor. The release addresses the increasing demand for plant-based and gluten-free alternatives in the food market, with KD leveraging its iconic status to introduce innovative products to meet consumer preferences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.09%
Tags
none

FAQ

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

The current stock price of The Kraft Heinz Company (KHC) is $29.48 as of January 21, 2025.

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

The market cap of The Kraft Heinz Company (KHC) is approximately 35.9B.

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

35.92B
879.56M
27.22%
58.22%
3.1%
Packaged Foods
Canned, Frozen & Preservd Fruit, Veg & Food Specialties
Link
United States of America
PITTSBURGH