KHC News and Press, The Kraft Heinz Company From 07/17/23

Available nationwide on GoPuff and at New York City’s Refinery Rooftop, the savory and crispy taquito margarita is an unexpected twist on a classic summer sip In celebration of National Tequila Day, DELIMEX ® , the taquito category leader, is partnering with cult-favorit...

2023-07-14 20:15:00 ET Summary The beginning of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated. Looking back at my June totals, I see that my year-over-year progress ...

2023-07-13 14:35:06 ET Summary Berkshire Hathaway has narrowed its underperformance to the S&P500 in Q2, largely due to the strength in Apple. Price/Book value at the end of Q2 was approximately 1.48x. Q2 operating earnings are expected to be around $10 billion, up 7.5% fr...

2023-07-12 08:42:33 ET Consumer prices rose 3.0% in June in comparison to last year to cool off from the 4.0% pace in May. Core CPI was up 4.8% year-over-year and was up 0.2% on a month-to-month basis to miss the consensus estimate of +0.3%. Overall, food prices were up 5.7% in June fro...

The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz”) will release its second quarter 2023 financial results on Wednesday, Aug. 2, 2023. A press release and supplemental materials, including a pre-recorded management discussion, will be issued before the market opens. Kraft Heinz ma...

2023-07-05 18:07:59 ET Summary Kraft Heinz, the third-largest producer of packaged foods in the US, has seen mixed performance since its 2015 merger, leading to generally pessimistic investor sentiment towards the firm. The appointment of a new CEO and a focus on operational excel...

2023-07-05 01:37:54 ET Summary In December 2021, I shared key insights, top picks, and pans from seven great investors of our time. Their high conviction picks since that time reveal mixed results. Winners were Buffett, Dalio, Gross, Gundlach, and Rogers, while Munger and Miller h...

2023-07-04 13:44:00 ET Warren Buffett's record of building wealth makes the holdings of his company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , a no-brainer place to look for investment ideas. Berkshire's portfolio is full of top consumer brands that generate consistent re...

HEINZ® teams up with six-time Hot Dog Eating Contest Champion, Takeru Kobayashi, to offer losing contestants’ redemption and matched prize This summer, HEINZ is launching the ‘Hot Dogs Are Not a Contest’ movement to end the mistreatment of hot dogs –...

2023-07-02 21:24:00 ET Summary Nestle is a market-leading FMCGs business. Nestle has performed well during the inflationary environment, increasing prices and benefiting from inelastic demand. Margins are also strong, despite a recent decline. Our concern with Nestle is th...