Kraft Heinz (KHC) has been having a rough time on Wall Street over the past few years, with KHC stock shedding more than 70% of its value since peaking in February 2017. Once hailed as a defensive staple offering steady growth, high returns on capital, and generous dividends, KHC stock seemed tailor-made for legendary investor Warren Buffett, who remains a major shareholder of the company. But that appeal appears to have faded now.
A heavy focus on cost-cutting, sluggish adaptation to shifts in consumer preferences toward fresher and healthier foods, intensifying competition, and tighter household budgets have all weighed heavily on the business. In fact, in a bid to turn the tide, Kraft Heinz is preparing to split into two separate companies in 2026 — a move designed to sharpen strategy, improve capital allocation, and boost efficiency across its diverse brand stable.
