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As a global business, Mondelez ( MDLZ ) has been significantly impacted by the COVID-19 pandemic closures. The company was one of the worst hit large food businesses due to its significant exposure to Emerging Markets and products sold through travel retail channels. Data by YCharts Al...
The world has started to figure out how to live with the coronavirus until it eventually goes away, but it would be naive to pretend things are back to their pre-COVID normal. Many consumers are still self-quarantining at home as much as possible, and millions of people remain out of work. Consu...
Original Post Editor's Note: The summary bullets for this article were chosen by Seeking Alpha Read more ...
Warren Buffett has been skeptical about the stock market rally and remains concerned about the economy. However, he's still betting big on AAPL, KHC, GS, and Amazon. Going into the coronavirus crisis, Warren Buffett’s Berkshire-Hathaway ( BRK.A ) $137 billion in cash and inves...
The Kraft Heinz Company (KHC) Q2 2020 Earnings Conference Call July 30, 2020 8:30 AM ET Company Participants Chris Jakubik - Head of Global Investor Relations Miguel Patricio - Chief Executive Officer Paulo Basilio - Chief Financial Officer Carlos Abrams-Rivera - Head of U.S. b...
Hormel Foods , the maker of Spam, Jennie-O, Skippy, and other packaged foods, generally isn't considered a high-growth investment. But over the past decade, Hormel's stock has rallied nearly 370%, buoyed by its slow and steady growth, and crushed the S&P 500 's 190% gain. Hormel has also ...
Kraft Heinz (NASDAQ: KHC) posted second-quarter results on Thursday that showed a continuing lift from consumer spending changes brought on by the pandemic. Organic sales rose 7.4% for the period, which runs from late March through late June, thanks to higher demand for at-home meal and sna...
The following slide deck was published by The Kraft Heinz Company in conjunction with their 2020 Q2 earnings Read more ...
Kraft Heinz (NASDAQ: KHC ) gains 1.6% in premarket trading after Q2 adjusted EPS of 80 cents beats the average analyst estimate as the company's U.S. segment benefited from reduced promotional activity and more favorable volume/mix. More news on: The Kraft Heinz Company, Consumer ...
Kraft Heinz (NASDAQ: KHC ) : Q2 Non-GAAP EPS of $0.80 beats by $0.15 ; GAAP EPS of -$1.35 misses by $1.99 . Revenue of $6.65B (+3.7% Y/Y) beats by $110M . Organic growth +7.4% vs +4.9% consensus; gross margin of 36.9% vs. 32.8% consensus. Press Release More news on: The Kraft H...
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As the ultimate big mood food, the WheelVeeta features perfectly cooked, al dente VELVEETA pasta shells tossed in a tableside VELVEETA cheese wheel This summer, VELVEETA, known as the ultimate pleasure food due to its supremely creamy rich flavor and bold taste, is bringing big cheese...
2024-08-05 08:45:00 ET Kraft Heinz (NASDAQ: KHC) owns some of the most iconic food brands in the world, including both of its namesakes. But the company's portfolio, as with many of its competitors, has become bloated and unwieldy. It is trying to do something about that. Will it be...
2024-08-05 05:52:00 ET Investors looking for stocks of solid companies that have high dividend yields have plenty of great choices in 2024. Several stalwarts are experiencing weak sales trends over a cautious consumer spending environment. This has sent share prices down and dividend yields...