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
The Kraft Heinz Company (KHC) declares a regular quarterly dividend of $0.40 per share of common stock, payable on March 29, 2024, to stockholders of record as of March 8, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.45%
Tags
dividends
-
Rhea-AI Summary
Kraft Heinz (KHC) reports financial results for Q4 and full year 2023, highlighting net sales growth, increased gross profit margin, and adjusted EPS. CEO Carlos Abrams-Rivera discusses progress and strategies for 2024, with a focus on driving market share and volume improvement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.45%
Tags
-
Rhea-AI Summary
Crystal Light introduces new Mixology, Immunity, and Energy product lines, marking the first additions to its portfolio in over a decade. The Mixology line offers cocktail-inspired flavors, the Immunity line features Zinc and Vitamin C, and the Energy line provides 75mg of caffeine per serving. The brand also unveils a new logo and packaging design to cater to evolving consumer preferences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.03%
Tags
none
Rhea-AI Summary
The Kraft Heinz Company has signed an agreement with Carlton Power to develop a renewable green hydrogen plant at its Kitt Green manufacturing plant in Wigan, Greater Manchester. The proposed 20MW plant will meet more than 50% of the plant’s annual natural gas demand and reduce the plant’s carbon emissions by 16000T/yr. The hydrogen will be produced by an electrolyser using electricity generated from renewable sources. The project is contingent on securing financial support from the UK Government's Hydrogen Allocation Round (HAR2) and aims to deliver hydrogen to Kitt Green in 2026/27.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.14%
Tags
partnership
-
Rhea-AI Summary
Philadelphia, the cream cheese category leader, has introduced a limited-edition, no-hole bagel called Philadelphia Bagel Wholes in collaboration with five beloved bagel shops across North America. This innovative solution aims to provide more space for cream cheese lovers to enjoy their favorite spread without the limitations posed by traditional holed bagels. Fans can purchase these bagels in-store at the participating bagel shops or through nationwide shipping via Goldbelly.com and Stviateurbagel.com for a limited time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.11%
Tags
partnership
-
Rhea-AI Summary
Capri Sun® has partnered with Nintendo to offer a 'Slurp and Win' Sweepstakes, featuring beloved characters from Mario Kart 8 Deluxe, Animal Crossing: New Horizons, and Pikmin 4 on their Fruit Punch, Strawberry Kiwi, and Pacific Cooler cartons and pouches. The limited-time promotion runs from January 1st to March 31st, 2024, and allows fans to scan QR codes for a chance to win 1 of 500 Nintendo Switch – OLED Model systems and a download code for a digital game.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.06%
Tags
none
Rhea-AI Summary
The Kraft Heinz Company (KHC) will release its Q4 and full year 2023 financial results on Feb. 14, 2024. CEO and CFO will host a live Q&A session with analysts. They will also present at the CAGNY Conference on Feb. 21, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
Tags
conferences earnings
-
Rhea-AI Summary
VELVEETA introduces 14 Karat Gold Drip Lip Cuff in collaboration with celebrity jewelry designer George The Jeweler. Ticker symbol: VELV
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.78%
Tags
none
-
Rhea-AI Summary
Oscar Mayer (KHC) Announces Opening of Hotdogger Applications for Iconic Wienermobile Gig
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
none
Rhea-AI Summary
Kraft Heinz and Taco Bell at Home introduce the first-ever Crunchwrap Supreme and Chipotle Chicken Quesadilla “Cravings Kits,” available exclusively at Walmart nationwide. The Craving Kits feature proprietary Taco Bell restaurant ingredients, seasonings, and sauces, allowing fans to recreate their favorite menu items at home. The release includes details of the partnership and the innovation strategy, emphasizing the goal to lead the future of food. Each Cravings Kit includes four servings of essential ingredients, with the option to add protein and customize the creation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
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 $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
Link
United States of America
PITTSBURGH