KHC News and Press, The Kraft Heinz Company From 02/21/23

New brand launch underpins Kraft Heinz's larger transformation, using insight-led innovation to grow the company’s Taste Elevation platform around the world Today, The Kraft Heinz Company (Nasdaq: KHC) has unveiled a fresh collaboration with chart-topping musician Ed Sheeran to c...

Kraft Heinz Company ( NASDAQ: KHC ) edged higher in early trading after the food company issued an update ahead of its presentation at the Consumer Analyst Group of New York Conference. The company said it has made "incredible progress" in developing best-in-class systems through ...

The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) will today discuss progress the Company is making against its strategic transformation plan and long-term growth algorithm at the 2023 Consumer Analyst Group of New York (CAGNY) Conference. Migu...

Summary No industry in this sector is really attractive, but household products and tobacco look safer than the rest. Personal care and staple/food retail are the most overvalued. We look at Invesco S&P 500 Equal Weight Consumer Staples ETF, an equal-weight alternative to XLP. ...

Summary Organic Net Revenues increased by 10.4% during the quarter, driven by price increases to mitigate rising input costs. Reduction of debt impact is now visible with interest expenses during the fourth quarter decreasing by 64%. Net profit for the fourth quarter increased to $8...

The Kraft Heinz Company (KHC) Q4 2022 Earnings Conference Call February 15, 2023 9:00 AM ET Company Participants Anne-Marie Megela - Head of Global Investor Relations Miguel Patricio - Chief Executive Officer Andre Maciel - Executive Vice President and Global Chief Fin...

Kraft Heinz Company ( NASDAQ: KHC ) reported organic sales rose 10.4% in Q4 with a 15.2% rise in pricing offsetting a 4.8% decline in volume. The organic sales tally beat the consensus estimate of +9.2%. Total sales increased 10.0% year-over-year during the quarter to $7.4B, inclu...

Summary Berkshire Hathaway's 13F stock portfolio value increased from ~$296B to ~$299B. Their largest three holdings are at ~60% of the entire portfolio. Berkshire Hathaway increased Louisiana-Pacific while decreasing US Bancorp, Bank of New York Mellon, Taiwan Semi, and McKesson Co...

Stocks wavered Tuesday and the Dow Jones Industrials fell, reversing earlier gains, after the January consumer price index report showed that inflation grew at higher-than-expected annual rate. The 30-stock index came off its lows of the afternoon, but still finished way below breakeven, off ...

Kraft Heinz ( NASDAQ: KHC ) is scheduled to announce Q4 earnings results on Wednesday, February 15th, before market open. The consensus EPS Estimate is $0.78 (-1.3% Y/Y) and the consensus Revenue Estimate is $7.23B (+7.7% Y/Y). Over the last 3 months, EPS estimates have seen 5...