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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.

News

The Kraft Heinz Not Company Launches First-Ever, Plant-Based KRAFT Mac & Cheese

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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.
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BetterInvesting™ Magazine Update on RTX Corp. and Kraft Heinz Co.

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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.
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Kraft Heinz Board Authorizes Share Repurchase Program

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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.
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Slow and Saucy: Heinz® unveils the Slowmaster 57 - The world's first ketchup racetrack where speed takes a backseat and true quality finishes last!

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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.
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Kraft Heinz Announces Updates to Executive Leadership Team

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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.
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DELIMEX Creates First-of-its-Kind Platter to Solve Common Fan Frustrations

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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.
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HEINZ® and World-Renowned Chef Marcus Samuelsson Elevate Up-and-Coming Black Chefs with New ‘Open Kitchen’ Series

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HEINZ® (HNZ) Launches Open Kitchen Program in Partnership with Marcus Samuelsson, Providing Opportunities for Black Chefs in the Restaurant Industry
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KRAFT® Singles and Top Chef Finalist Shirley Chung Unveil Souplings: A First-of-its-Kind Grilled Cheese and Tomato Soup Dumpling

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KRAFT® Singles and Top Chef Finalist Shirley Chung Unveil Souplings: A First-of-its-Kind Grilled Cheese and Tomato Soup Dumpling - KRAFT Singles has partnered with Chef Shirley Chung to create a unique Chinese American fusion dish called Souplings, combining grilled cheese and tomato soup in a single bite. The limited-time dish will be available at Chung's restaurant and for order online, offering fans a new way to enjoy the classic comfort food.
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Celebrate the Season with New and Fan-Favorite Holiday Treats from Frankford Candy

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Frankford Candy introduces six new candy varieties and gift sets for the holiday season, including OREO® and Dunkin'® inspired treats and candy sets from beloved brands like Lunchables®, Claussen®, and M&M'S®.
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It’s a Big Dill: HEINZ To Launch New Pickle Ketchup Nationwide

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HEINZ Introduces New Cult-Favorite Condiment Blending Ketchup and Pickles, Expected to Shake Up Market
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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 $31.14 as of November 15, 2024.

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

The market cap of The Kraft Heinz Company (KHC) is approximately 36.9B.

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.

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The Kraft Heinz Company

Nasdaq:KHC

KHC Rankings

#349 Ranked by Market Cap
#551 Ranked by Dividends

KHC Stock Data

36.93B
1.21B
27.19%
56.71%
2.79%
Packaged Foods
Canned, Frozen & Preservd Fruit, Veg & Food Specialties
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