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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® 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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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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HEINZ Introduces New Cult-Favorite Condiment Blending Ketchup and Pickles, Expected to Shake Up Market
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Lunchables introduces Dunkables, a new line-up of snack combinations designed for kids. Each variety includes a wholesome base ingredient and two tasty toppings. The two options are Mozza Sticks with Marinara & Breadcrumbs and Pretzel Twists with PB Spread & Choco Chips. Dunkables aim to make snack time fun and tap into kids' love for dipping their food. The product is priced at $2.49 per unit and $24.60 per case.
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The Kraft Heinz Company (Nasdaq: KHC) has declared a regular quarterly dividend of $0.40 per share of common stock. The dividend will be payable on Dec. 29, 2023, to stockholders of record as of Dec. 1, 2023.
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The Kraft Heinz Company reported financial results for Q3 2023, with net sales growth in all three core pillars. They achieved their target Net Leverage ratio of approximately 3.0x. Leadership and organizational changes were announced to drive international growth. The company narrowed its full-year outlook for organic net sales growth but raised its outlook for constant currency adjusted EBITDA and adjusted EPS.
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Kraft Heinz releases 2023 ESG Report, highlighting progress towards sustainability goals
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Kraft Heinz to release Q3 2023 financial results on Nov. 1, 2023
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Philadelphia partners with Milk Bar to debut the Red Velvet Philly Bagel Bomb, combining the iconic red velvet and Philly cream cheese flavors. The limited-edition creation is available for purchase at Milk Bar bake shops and online for a limited time.
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LEA & PERRINS launches ready-to-drink Bloody Mary mix in partnership with GEORGE'S BEVERAGE COMPANY
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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