E T 1 t Children 1 t Deagreez Buying what you know can be a great investment strategy, especially when it comes to business models that are easy to understand. As Warren Buffett once put it, "if you can't explain it to a six-year-old, then you don't understand it yourself." Perhaps some of the most easy-to-understand companies out there are those in consumer staples, and The Kraft Heinz Company (NASDAQ:KHC) may be the poster child of recognizable household brands that households are familiar with. In this a ...

It gets better. For fiscal 2024, analysts are projecting 7.9% growth in sales to $26.68 billion. And earnings per share may hit $3.03. If so, that would imply an expansion of the bottom line of 9.4%. Yet KHC trades at only 10.8X forward earnings, below the sector median of 15.48X. If you need more convincing, Kraft Heinz also offers a forward dividend yield of 4.86%. It's easily one of the value stocks to buy on the dip. Semiconductor specialist STMicroelectronics (NYSE:STM) presents a tricky case for value ...

The food company's yield is strong, but that yield comes with an important footnote. One dividend-paying consumer staples name worth considering is packaged foods company Kraft Heinz (KHC 0.95%), created from the 2015 merger of Kraft Foods and H.J. Heinz. Kraft Heinz's dividend payment profile Are you searching for reliable, above-average dividend income? Consumer goods stocks are an ideal place to look. The world always needs food, cleaning supplies, and personal-care products, and will purchase them over ...

Kraft Heinz's NASDAQ: KHC share price has struggled with traction for years despite its turnaround, balance sheet improvements, and growth outlook. The stock is cheap, undervalued, and high-yielding, making it a perfect target for value and income investors. The latest downturn in the action is more of the same, presenting another opportunity to load up on the stock. As tepid as the price action has been, the market has sustained its trading range since 2020 and is unlikely to set a new low. Because the ana ...

The investment community will be paying close attention to the earnings performance of Kraft Heinz in its upcoming release. The company's earnings per share (EPS) are projected to be $0.74, reflecting a 6.33% decrease from the same quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $6.63 billion, indicating a 1.42% downward movement from the same quarter last year. Our research reveals that these estimate alterations are directly linked with the stock price performan ...

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This packaged foods giant may be cooking up a turnaround. So is Kraft Heinz a buy now? Here's what you need to know. Adjusted earnings per share (EPS) of $0.69 climbed by 1.5% year over year, benefiting from a solid expansion in the adjusted gross margin, which reached 34.5% from 32.8% in the prior-year quarter. Efforts to raise pricing helped balance lower volumes while supporting profitability. Even as total revenue declined by 1.2% from Q1 2023, organic net sales fared a bit better, down by just 0.5%. Kr ...

Summary of The Kraft Heinz Company Conference Call Company Overview - **Company**: The Kraft Heinz Company (NASDAQ: KHC) - **Participants**: - Carlos Abrams-Rivera - CEO - Andre Maciel - EVP & Global CFO - **Conference Date**: June 4, 2024 Key Points Company Transformation and Leadership - Carlos Abrams-Rivera emphasized the importance of surrounding oneself with trusted leaders for successful transformation, noting that many leaders were promoted internally [4][5] - The company has simplified its organizational structure, moving from two zones to four, enhancing operational discussions and agility [5][7] - A focus on evolving company culture was highlighted, with an emphasis on ownership, ambition, and meritocracy [6][24] Financial Performance and Strategy - Andre Maciel reported consistent delivery of results, with net debt at desired levels and an upgrade to investment-grade status (BBB) [10] - The company initiated its first-ever buyback program, reflecting strong financial results and board support [10] - Capital expenditures (CapEx) increased to 4% from nearly 3%, with significant investments in marketing, R&D, and technology to support long-term growth [11] Market Challenges and Consumer Trends - The company faced challenges in the fourth quarter due to trade timing and retail inventory destocking, but remains on track with guidance for 2023 [15] - The U.S. consumer is still seeking value, leading to increased distribution in club and dollar stores by 20% and 10% respectively [26] - Two product categories, Lunchables and Capri Sun, faced significant volume declines, attributed to formulation changes and misleading media reports [28][31] Innovation and Product Development - The company is focusing on innovation and renovation, with plans to improve product formulations and packaging based on consumer feedback [40] - New product launches include a grilled cheese sandwich and Taco Bell products utilizing innovative cooking technology [43] - Partnerships with companies like NotCo for plant-based solutions and Simplot for resource sharing are part of the strategy to enhance product offerings [64] Emerging Markets Strategy - Kraft Heinz aims for double-digit growth in emerging markets, focusing on Brazil, Mexico, Indonesia, and China [44][45] - The company is working on increasing brand penetration and distribution in these markets, leveraging the strong perception of the Heinz brand [48][49] Gross Margin and Investment Outlook - Gross margins improved by 170 basis points, with expectations for continued expansion through disciplined pricing and cost efficiencies [50] - The company plans to maintain marketing investments between 4.5% and 5%, with R&D investments targeted to reach around 1% [51] Portfolio Strategy - The company has optimized its portfolio, focusing on Taste Elevation and divesting commoditized businesses [56][57] - Future acquisitions will align with the Taste Elevation strategy, ensuring a disciplined approach to portfolio management [58] Conclusion and Investor Takeaway - The CEO highlighted the transformation of the company over the past four years, emphasizing agility and partnerships as key to future growth [62][63] - The company is committed to delivering consistent results while focusing on long-term growth strategies [65] This summary encapsulates the key insights and strategic directions discussed during the conference call, providing a comprehensive overview of The Kraft Heinz Company's current status and future outlook.

The Kraft Heinz Company (NASDAQ:KHC) Bernstein's 40th Annual Strategic Decisions Conference May 30, 2024 3:30 PM ET Company Participants Carlos Abrams-Rivera - CEO Conference Call Participants Alexia Howard - Bernstein Alexia Howard Good afternoon, everyone. It's my great pleasure to welcome Carlos Abrams-Rivera, who's the CEO of Kraft Heinz since December of last year. My name is Alexia Howard. I've been covering the U.S. packaged food group since, I think, August of 2006. For those of you in the audience ...

guvendemir Kraft Heinz (NASDAQ:KHC) needs no introduction, they are owners of a collection of iconic packaged food brands such as Heinz Ketchup, Philadelphia Cream Cheese and Kraft Mac & Cheese. Many of us have grown up with these brands and continue stocking up on them during our weekly grocery runs, no matter what. After all, we still have to eat. Traditionally this business has been practically risk-free and investors loved it. Nobody made fortunes out of it, but if you were looking for a reliable way to ...