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The Latest Breaking News from Kraft Heinz

Heinz reveals plans to sell its tomato ketchup in bottles made of paper

The food firm says it wants to become the first ever sauce brand to develop a paper-based bottle

Wales Online

Heinz ketchup plans to swap iconic glass bottle for paper alternative

Heinz is the first sauce brand to pilot a sustainable paper bottle. The company is teaming up with Pulpex, which created a paper bottle for whisky brand Jonnie Walker

Daily Mirror

Looking Into Kraft Heinz's Recent Short Interest

Kraft Heinz's (NASDAQ:KHC) short percent of float has risen 4.12% since its last report. The company recently reported that it has 18.03 million shares sold short, which is 1.77% of all regular shares that are available for trading.

Benzinga

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4 Analysts Have This to Say About Kraft Heinz

Kraft Heinz (NASDAQ:KHC) has observed the following analyst ratings within the last quarter:

Benzinga

Kraft Heinz Q1 Earnings Beat Street View

Kraft Heinz Co (NASDAQ:KHC) reported a first-quarter FY22 sales decline of 5.5% year-on-year to $6.04 billion, beating the consensus of $5.83 billion. Sales in the U.S. fell 8.5% Y/Y, International rose 3.6%, and Canada fell 1.5%. Gross profit decreased by 12.3% Y/Y to $1.9 billion, with the margin contracting 250 points to 31.9%.…

Benzinga

Kraft Heinz: Q1 Earnings Insights

Kraft Heinz (NASDAQ:KHC) reported its Q1 earnings results on Wednesday, April 27, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

Benzinga

Heinz's burger-ruining sauce was inspired by lawless TikTokers

The Kraft Heinz Company’s “Dip & Crunch” combines a spicy puree with potato chips to create a nightmarish au jus.

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Earnings Preview: Kraft Heinz

Kraft Heinz (NASDAQ:KHC) is set to give its latest quarterly earnings report on Wednesday, 2022-04-27. Here's what investors need to know before the announcement. Analysts estimate that Kraft Heinz will report an earnings per share (EPS) of $0.53.

Benzinga

Kraft Heinz Inks Multi-Year Cloud, AI Agreement With Microsoft

Kraft Heinz Co (NASDAQ:KHC) has partnered with Microsoft Corp (NASDAQ:MSFT) to develop digital solutions for the supply chain process. The multi-year cloud and AI agreement will focus on joint innovations across Kraft Heinz operations and product portfolios. Kraft Heinz will migrate most of its global data center assets to the Microsoft Azure cloud platform and…

Benzinga

7 Warren Buffett Dividend Stocks With The Highest Yields

The stock market rally has run out of steam so far in 2022 as investors grow increasingly concerned about elevated inflation and the potential for aggressive Federal Reserve interest rate hikes. The U.S. economic outlook is uncertain, the war in Ukraine is uncertain and the valuation of growth stocks is…

Benzinga

Kraft Heinz Completes Acquisition Of Brazilian Food Company Hemmer

Kraft Heinz Co (NASDAQ:KHC) has completed its acquisition of a majority stake in Companhia Hemmer Indústria e Comércio (Hemmer), a Brazilian food company. The deal was closed following approval from CADE (Brazil's Administrative Council for Economic Defense), Brazil's antitrust body. The company expects the transaction to expand its International Taste Elevation platform, focusing on…

Benzinga

A Bullish Sign Appears On Kraft Heinz's Chart

If history is any guide, there may be good fortune ahead for shares of Kraft Heinz (NASDAQ:KHC). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.

Benzinga

Kraft Heinz issues statement on future of major factory as site misses out on £140m investment

The Kitt Green plant makes Heinz tomato ketchup and employs more than 1,000 workers

Birmingham Post

Unilever, Kraft Heinz Suspend Exports, Investments In Russia

Food and beverage company Kraft Heinz Co (NASDAQ:KHC) has suspended all new investments in Russia and also all imports and exports of products. Kraft Heinz said it continues to closely assess the humanitarian crisis in Ukraine. Consumer goods giant Unilever PLC (NYSE:UL) has halted all imports and exports of its products in Russia in addition to…

Benzinga

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The Independent UK

Pepsi, Coca-Cola, McDonald’s, Starbucks, Kraft Heinz, Kellogg’s latest businesses to join exodus from Russia

Dwindling group of companies are still trading after Putin’s invasion of Ukraine

Benzinga

Where Kraft Heinz Stands With Analysts

Within the last quarter, Kraft Heinz (NASDAQ:KHC) has observed the following analyst ratings:

StockNews.com

Kraft Heinz vs. General Mills: Which Food Stock is a Better Buy?

Despite inflationary pressures and supply chain bottlenecks, steady demand for packaged food products and new product launches should benefit prominent food companies Kraft Heinz (KHC) and General Mills (GIS). But which of these stocks is a better buy now? Let’s find out.

Benzinga

Kraft Heinz Steps Up Product Portfolio Transformation Via NotCo JV

Kraft Heinz Co (NASDAQ:KHC) has formed a joint venture (JV) with food tech start-up TheNotCompany Inc (NotCo). The financial terms were not disclosed. The JV will leverage NotCo's artificial intelligence (AI) solutions and Kraft Heinz's brand portfolio and scale to develop plant-based versions of co-branded products. The JV will operate under the control of…

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Benzinga

Kraft Heinz Stock Gains On Q4 Earnings Beat

Kraft Heinz Co (NASDAQ:KHC) reported a fourth-quarter FY21 sales decline of 3.3% year-on-year, to $6.71 billion, beating the analyst consensus of $6.61 billion. Sales in the U.S. fell 6.8% Y/Y, International rose 6.5%, and Canada increased 5.2%. The gross profit decreased by 14.3% Y/Y to $2.2 billion, with the margin contracting 410 points…

Benzinga

Kraft Heinz: Q4 Earnings Insights

Kraft Heinz (NASDAQ:KHC) reported its Q4 earnings results on Wednesday, February 16, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

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