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
Oscar Mayer (KHC) partners with Mint Mobile to launch 'A Side of Bacon' campaign, offering bacon with unexpected purchases nationwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.31%
Tags
none
-
Rhea-AI Summary
Kraft Heinz (KHC) launches 'Energy Drink Insurance' in parallel with MiO’s new Rolling Energy campaign to address the pitfalls of traditional energy drinks. The company offers compensation for damages caused by competitors and provides free MiO Energy to participants. With the energy drink market surging by 71 percent since 2017, MiO aims to empower Gen-Z to get more out of their water, uplift their day, and feel their most energized selves.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1%
Tags
none
-
Rhea-AI Summary
Taco Bell at Home introduces the limited-edition 'Taco Bell SOS Kit' ahead of finals season, allowing students to recreate their favorite menu items in their dorms. The kit includes Taco Bell at Home essentials from Kraft Heinz, delivered by Amazon, and a spill- and stain-resistant bedsheet. Students can purchase the kit for $7.99 on TacoBellSOS.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.06%
Tags
none
Rhea-AI Summary
The Kraft Heinz Not Company (KHC) has launched KRAFT NotMac&Cheese, the first-ever, plant-based KRAFT Mac & Cheese in the United States. This new innovation aims to address consumer preferences and evolving needs in the plant-based food market, offering creamy and comforting mac & cheese without dairy. The company plans to scale into more categories and begin international expansion in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
Tags
none
-
Rhea-AI Summary
The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine has announced RTX Corp. (NYSE:RTX) as its 'Stock to Study' and Kraft Heinz Co. (NASDAQ:KHC) as its 'Undervalued Stock' in the January/February 2024 issue. The stock market surged in November, emphasizing the futility of trying to time the market. BetterInvesting emphasizes the importance of regular investment and staying invested regardless of market outlook, with principles that have remained true for over 70 years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
Tags
none
-
Rhea-AI Summary
The Kraft Heinz Company (KHC) announced a $3 billion share repurchase program authorized by the Board of Directors through December 26, 2026. The program aims to provide further value to stockholders while supporting organic growth, maintaining a targeted Net Leverage of approximately 3.0x, and evaluating strategic opportunities. CEO Miguel Patricio expressed confidence in the company's strategy and the belief that company shares are an attractive investment opportunity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
Tags
buyback
Rhea-AI Summary
Kraft Heinz (KHC) introduces the Slowmaster 57, the world's first ketchup racetrack ramp designed to ensure Heinz ketchup never breaks the quality and thickness speed limit. Inspired by the famous 'quantifier' at Heinz factories, the Slowmaster 57 lets anyone test how slowly and lusciously Heinz Ketchup flows, emphasizing the use of 100% all-natural ingredients with no artificial thickeners. Limited editions are available on e-commerce platforms and specialized gaming cafés.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
Tags
none
-
Rhea-AI Summary
Kraft Heinz (KHC) Announces Five Internal Promotions to Executive Leadership Team for 2024 Fiscal Year, Under Incoming CEO Carlos Abrams-Rivera. Pedro Navio, Willem Brandt, Bruno Keller, Cory Onell, and Diana Frost to Assume New Roles. Strategic Plan Focuses on Profitable Growth and Omnichannel Strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.06%
Tags
management
-
Rhea-AI Summary
DELIMEX: Launches First-of-its-Kind Taquito Serving Platter with Mexican Artwork on Amazon. The platter allows hosts to serve two dozen taquitos and six dips together on one tray, solving common entertaining frustrations. The custom mold prevents taquitos from rolling off and offers easy clean-up. The platter features vibrant artwork by Mexican artist Alejandra Ballesteros, inspired by Mexican street-style food and culture.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.02%
Tags
none
Rhea-AI Summary
HEINZ® (HNZ) Launches Open Kitchen Program in Partnership with Marcus Samuelsson, Providing Opportunities for Black Chefs in the Restaurant Industry
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.06%
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