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The Latest Breaking News from Kraft Heinz Co

What The Reported Kraft Heinz Breakup Could Mean For You

Kraft Heinz Co. (NASDAQ:KHC) is reportedly exploring a significant corporate restructuring, potentially splitting into two distinct entities: a grocery division and a “Taste Elevation” segment focused on sauces and spreads.

Benzinga

Warren Buffett's Quiet Dividend Play: 9 High-Yield Stocks Held By A Berkshire Subsidiary

Market veteran Warren Buffett, famous for his value investing, is indirectly invested in high-dividend yield stocks via Berkshire Hathaway Inc.‘s (NYSE:BRA) (NYSE:BRK) subsidiary New England Asset Management.

Benzinga

Options Corner: Why Kraft Heinz Could Flip The Script On The Bears

Despite a better-than-expected jobs report sending the major indices higher, multinational food company Kraft Heinz Co (NASDAQ:KHC) conspicuously lost a relatively sizable portion of its market value during Thursday afternoon trading. While nonfarm payrolls increasing by 147,000 in June represented the strongest reading so far in 2025, it wasn't enough…

Benzinga

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Big food brands struggling to kick junk addiction, survey finds

The bulk of food and drinks sold by four out of five global producers across three major markets are unhealthy, according to a survey, with Kraft Heinz Co. faring the worst.

Tribune News Service

Kraft Heinz Inks Power Purchase Pact With Berkshire Hathaway Energy Business

Kraft Heinz Co (NASDAQ:KHC) has signed a virtual power purchase agreement with BHE Renewables, a Berkshire Hathaway Inc (NYSE: BRK-A) Energy business. Under the agreement, BHE will provide power from renewables to Kraft Heinz's operations within the U.S. The facilitation is part of Kraft Heinz's aim to procure most of its electricity from renewable sources…

Benzinga

Kraft Heinz Procures Wind Energy From Repsol

Kraft Heinz Co (NASDAQ:KHC) has signed a power purchase agreement with the Madrid-based energy company Repsol S.A. (OTC:REPYY). The financial terms were not disclosed. The twelve-year agreement is the company’s first investment in wind energy and aligns with its vision of sourcing a major part of its electricity from renewable sources by 2025. Kraft Heinz…

Benzinga

Kraft's Macaroni And Cheese Gets New Name & Look

Kraft Heinz Co (NASDAQ:KHC) said its famous comfort food, Kraft Macaroni and Cheese is being renamed Kraft Mac & Cheese. The new brand identity also includes an updated logo and noodle smile. The blue box will now feature just a single-color hue of blue. “We know that people aren't turning to comfort food…

Benzinga

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Why Kraft Heinz Shares Are Falling Today

The Kraft Heinz Co (NASDAQ: KHC) shares are trading lower Thursday following bearish analyst coverage from UBS.

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

Investors Push Food Manufacturers Like Kellog, Kraft Heinz To Set New Health Targets: FT

Investors are pushing food manufacturing multinationals including Nestle S.A. (OTC:NSRGY), Danone (OTC:DANOY), Kraft Heinz Co (NASDAQ:KHC), and Kellogg Co (NYSE:K), to set out new disclosures and targets on well being, Financial Times reported. The move comes after Unilever Plc (NYSE:UL) mentioned it would publish diet scores for its meals portfolio towards exterior metrics. The report noted that traders, along…

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

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

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

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…

Benzinga

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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

Oscar Mayer Launches Bologna-Inspired Face Mask

Kraft Heinz Co (NASDAQ:KHC) owned meat and cold cut production company Oscar Mayer has launched a bologna-inspired face mask. The rejuvenating face masks that resemble bologna are limited edition and available for purchase on Amazon.com Inc (NASDAQ:AMZN) for $5 each. The company said the face masks are a hydrating and restoring hydrogel that promote skin elasticity,…

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