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The Latest Breaking News from Kraft Heinz

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…

A Bullish Sign Appears On Kraft Heinz's Chart

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.

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

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

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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…

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

The Independent UK

Where Kraft Heinz Stands With Analysts

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

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.

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Kraft Heinz Steps Up Product Portfolio Transformation Via NotCo JV

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…

Kraft Heinz Stock Gains On Q4 Earnings Beat

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…

Kraft Heinz: Q4 Earnings Insights

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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