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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 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.
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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.
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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.
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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.
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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.
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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.
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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.
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The Kraft Heinz Not Company debuts plant-based Oscar Mayer NotHotDogs and NotSausages, aiming to fill a gap in the underdeveloped plant-based meat market. The joint venture combines Kraft Heinz's legacy with NotCo's AI technology to offer savory and smoky alternatives. The launch responds to the growing demand for delicious plant-based options, leveraging the projected $19 billion US plant-based market by 2030.
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The Kraft Heinz Company (KHC) presented at the 2024 Consumer Analyst Group of New York Conference, detailing its growth pillars, enablers of growth, and long-term financial profile. The company aims for organic net sales growth of 2-3%, adjusted operating income growth of 4-6%, and adjusted EPS growth of 6-8%. The 2024 outlook includes organic net sales growth of 0-2%, adjusted operating income growth of 2-4%, and adjusted EPS growth of 1-3%.
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Frankford Candy introduces new Easter-themed gift sets and candies, including PEEPS® and Kellogg's® Rice Krispies® products. The lineup features PEEPS® Plush Bus and Farm House Gift Sets, Kellogg's® Rice Krispies® Strawberry Bunny, Dunkin'® Assorted Donut-Flavor-Filled Chocolate Eggs, and Claussen® Pickles Jelly Beans. These treats are available at various retailers nationwide, offering a sweet surprise for the upcoming holiday season.
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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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United States of America
PITTSBURGH